A report released by Dubai's Real Estate Technology Center shows that Dubai's next-generation real estate technology (Proptech 3.0) can unlock up to 53.29 billion dirhams (approximately 14.5 billion dollars) in labor productivity annually. The report highlights technologies such as intelligent HVAC systems and biomimetic design, which treat buildings as high-performance assets. The report also points out that blockchain applications in land registration and asset tokenization are key to improving transparency and reducing costs. These findings align with Dubai's strategic objectives, including the D33 economic agenda and the 2033 real estate strategy, which aim to position Dubai as a global leader in sustainable, technology-driven real estate.
A report released by Dubai's Real Estate Technology Center shows that Dubai's next-generation real estate technology (Proptech 3.0) can unlock up to 53.29 billion dirhams (approximately 14.5 billion dollars) in labor productivity annually. The report highlights technologies such as intelligent HVAC systems and biomimetic design, which treat buildings as high-performance assets. The report also points out that blockchain applications in land registration and asset tokenization are key to improving transparency and reducing costs. These findings align with Dubai's strategic objectives, including the D33 economic agenda and the 2033 real estate strategy, which aim to position Dubai as a global leader in sustainable, technology-driven real estate.