Dubai Land Department Launches Emirati Real Estate Incubator
The Dubai Land Department (DLD) has launched the Emirati Real Estate Business Incubator, a six-month programme set to transform Emirati realtors into full-fledged real estate agencies. The initiative aims to strengthen the UAE's property sector and foster entrepreneurship, with the first batch of 50 Emirati firms commencing on 27 October at Dubai Silicon Oasis.
The incubator, part of the national campaign 'The Emirates: The Startup Capital of the World', will provide participants with accredited certificates and a year of mentorship to support their long-term growth. It will equip realtors with advanced skills and global best practices, covering legal, financial, operational, technology, artificial intelligence, and professional ethics aspects of real estate.
Leaders from Dubai Silicon Oasis and the New Economy Academy emphasised the programme's focus on innovation, entrepreneurship, and capacity building. They aim to foster Emirati talent and contribute to a sustainable, knowledge-driven economy. Since its launch, the incubator has already seen 1,800 new realtors join the market, generating transactions worth AED10 billion.
The Emirati Real Estate Business Incubator, launched by Dubai Land Department, is set to transform the UAE's property sector. With a focus on innovation and entrepreneurship, the six-month programme aims to guide Emirati realtors towards operating as established agencies. The first batch of 50 Emirati firms will commence on 27 October at Dubai Silicon Oasis, marking a significant step towards cementing the UAE's position as a leading hub for real estate investment and entrepreneurship.
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