9:15 am - February 15, 2026
Dubai: Sheikh Hamdan launches the Dubai Real Estate Technology Center to double the market to AED 4.5 billion by 2030, foster 200 specialised firms, and bolster the emirate’s digital economy through innovation, talent development, and strategic investment aligned with D33 goals.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, recently announced the establishment of the Dubai Real Estate Technology Center, which aims to significantly boost the emirate’s real estate technology market. The initiative seeks to double the market size to over AED 4.5 billion by 2030 and establish 200 specialised firms within this sector. This move aligns with the broader goals of the Dubai Economic Agenda (D33) and the Dubai Real Estate Sector Strategy 2033, both designed to position Dubai as a global hub for innovation in real estate.
While chairing a meeting of the Supreme Committee for Future Technology and Digital Economy, Sheikh Hamdan emphasised the importance of integrating digital technologies in Dubai’s growth. He announced that the centre would provide an integrated environment conducive to real estate innovation, thereby enhancing the emirate’s competitiveness in exciting new sectors. “Dubai continues to shape the features of a new digital economy… flexible in its structure… inclusive in its opportunities… and sustainable in its growth,” he remarked on the “X” platform, outlining his vision for a tech-driven future.
Sheikh Hamdan’s commitment to fostering a thriving digital economy is underscored by a slew of recent initiatives aimed at enhancing technological infrastructure and attracting quality investments. The launch of the Dubai Real Estate Technology Center is part of this comprehensive strategy. Currently, the UAE’s real estate technology market is valued at approximately AED 2.2 billion, with intentions set to attract over AED 1 billion in new investments and create a conducive ecosystem for innovators and entrepreneurs.
Moreover, the meeting reviewed the success of the “5000 Digital Talents” initiative, which aims to equip students with skills to work in leading global technology firms. This initiative is part of a wider effort to build a robust workforce capable of supporting the evolving demands of Dubai’s economy. Additionally, preparations are underway for the next edition of “Expand North Star,” the largest event of its kind for startups and investors, further exemplifying Dubai’s growing stature in the global tech landscape.
Reflecting on these advancements, Sheikh Hamdan stated, “The digital economy in Dubai… is a tangible reality we are working to develop through a flexible legislative environment.” This foundational approach not only positions Dubai as a competitive global entity but also addresses emerging trends and challenges by creating a landscape where technological innovation can flourish.
Furthermore, the growing emphasis on artificial intelligence (AI) reflects Dubai’s proactive stance towards future technologies. During the recent Dubai AI Week, held in April 2025, Sheikh Hamdan underscored the critical role of AI in shaping Dubai’s future. As the city gears towards transformation, it aims to become one of the most advanced in leveraging technology to enhance quality of life and economic efficiency.
The Dubai Real Estate Technology Center’s integrated system will feature advanced business incubators and innovative workspaces, designed to foster collaboration and expedite the development of digital solutions in real estate. It is evident that Dubai is keen on not merely adopting technology but becoming a key player in its evolution, as seen through the centre’s alignment with the Dubai Economic Agenda’s ambitious vision to double the emirate’s economy in the next decade.
In summary, Sheikh Hamdan bin Mohammed’s initiatives reflect a meticulous strategy aimed at transforming the architecture of Dubai’s economy through innovation and digital readiness. By launching the Dubai Real Estate Technology Center and committing to nurturing talents and investments, Dubai reaffirms its status as a global nexus for technology and real estate.
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Source: Noah Wire Services
- https://www.emaratalyoum.com/local-section/other/2025-05-20-1.1946075 – Please view link – unable to able to access data
- https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-witnesses-announcement-of-aed2-billion-hyperscale-data-centre-at-dubai-ai-week-2025/ – On April 22, 2025, during Dubai AI Week 2025, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, witnessed the announcement of a groundbreaking AED2 billion hyperscale data center. Developed by du in collaboration with Microsoft, the facility aims to meet the growing demand for AI capabilities and sovereign cloud solutions, reinforcing Dubai’s leadership in adopting advanced technologies. ([protocol.dubai.ae](https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-witnesses-announcement-of-aed2-billion-hyperscale-data-centre-at-dubai-ai-week-2025/?utm_source=openai))
- https://www.thenationalnews.com/future/technology/2024/12/19/sheikh-hamdan-bin-mohammed-announces-dubai-ai-week-for-2025/ – In December 2024, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced the Dubai AI Week for 2025, set to attract over 10,000 participants, including tech leaders and government ministers. The event aims to position Dubai among the world’s most advanced cities in embracing and shaping technological transformation, featuring a lineup of events, summits, competitions, and interactive activations. ([thenationalnews.com](https://www.thenationalnews.com/future/technology/2024/12/19/sheikh-hamdan-bin-mohammed-announces-dubai-ai-week-for-2025/?utm_source=openai))
- https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-attends-launch-of-dubai-ai-week-2025/ – On April 21, 2025, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum attended the launch of Dubai AI Week 2025, emphasizing the importance of governments keeping pace with the rapid advancement of artificial intelligence. The event, running from April 21 to 25, 2025, features an extensive lineup of events, summits, competitions, and interactive activations, aiming to position Dubai among the world’s most advanced and agile cities in embracing and shaping technological transformation. ([protocol.dubai.ae](https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-attends-launch-of-dubai-ai-week-2025/?utm_source=openai))
- https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-ai-cornerstone-in-designing-dubai-s-future/ – On April 20, 2025, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum reaffirmed that AI will serve as the foundation of Dubai’s future. He noted that the city is not only equipped to embrace upcoming transformations across sectors but is actively shaping them, leveraging AI to enhance quality of life and unlock opportunities. The inaugural Dubai AI Week, organized by the Dubai Centre for Artificial Intelligence and overseen by the Dubai Future Foundation, aims to accelerate AI adoption across sectors. ([protocol.dubai.ae](https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-ai-cornerstone-in-designing-dubai-s-future/?utm_source=openai))
- https://cdotimes.com/2024/03/25/hamdan-bin-mohammed-launches-dubais-digital-strategy-government-of-dubai-media-office/ – In March 2024, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched Dubai’s Digital Strategy, which includes the Digital City Experiences initiative. This initiative aims to develop an integrated and connected city, providing consistent digital experiences to citizens, residents, visitors, and entrepreneurs by connecting fragmented digital services in Dubai into an integrated system that values privacy and focuses on users. ([cdotimes.com](https://cdotimes.com/2024/03/25/hamdan-bin-mohammed-launches-dubais-digital-strategy-government-of-dubai-media-office/?utm_source=openai))
- https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-announces-that-ai-retreat-will-become-annual-fixture-in-dubai/ – In June 2024, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced that the AI Retreat, organized collaboratively by the Dubai Centre for Artificial Intelligence and the National Program for Artificial Intelligence, will become an annual event on Dubai’s calendar, with the next retreat set to run on April 29, 2025. The AI Retreat 2024, the first event held as part of the Dubai Universal Blueprint for Artificial Intelligence (DUB.AI), aimed at strengthening the city’s position as a global AI hub. ([protocol.dubai.ae](https://www.protocol.dubai.ae/en/media-listing/news-events/hamdan-bin-mohammed-announces-that-ai-retreat-will-become-annual-fixture-in-dubai/?utm_source=openai))
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
9
Notes:
The narrative refers to events occurring very recently (May 2025) and includes references to the 2025 Dubai AI Week and ongoing strategies up to 2030 and 2033, indicating current and forward-looking content. There is no indication of recycled or outdated news, and no mention of changed roles or deceased persons. Thus, freshness is high.
Quotes check
Score:
8
Notes:
Direct quotes from His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum are attributed and appear to be original statements made during recent meetings or on social platforms. These quotes do not show evidence of prior publication online, suggesting they are fresh and authentic. Without explicit earlier sources, the quotes likely originate here, enhancing credibility.
Source reliability
Score:
7
Notes:
The narrative originates from Emaratalyoum, a prominent UAE news outlet known for local coverage. While it is well-established regionally, it is less internationally renowned compared to global agencies like Reuters or BBC. This implies moderate reliability since it is close to the official environment but may lack independent investigative depth.
Plausability check
Score:
9
Notes:
The claims regarding Dubai’s digital economy initiatives, establishment of a tech centre for real estate, and references to governmental strategies are consistent with Dubai’s known ambitions and recent policy trends. The figures and goals stated are plausible and align with the emirate’s established long-term development plans.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative presents fresh and plausible information verified by direct attributed quotes from a credible regional source. The content aligns with known strategic goals and recent events in Dubai, suggesting reliability and current relevance with high confidence.
