Dubai has launched a $1.2 billion PropTech Hub to boost the growth and innovation of the property technology sector. Chaired by Sheikh Hamdan bin Mohammed, the initiative aims to more than double the market’s value to over AED 4.5 billion ($1.2 billion) within five years.Key objectives include:Supporting over 200 PropTech startupsAttracting 20 investment funds and over AED 1 billion ($272 million) in investments by 20 Providing a comprehensive ecosystem with advanced infrastructure, AI-driven testing environments, and smart collaborative spacesThe Hub aligns with Dubai’s Economic Agenda D33 and Real Estate Sector Strategy 2033, aiming to position the emirate as a global leader in digital real estate innovation and one of the world’s top 3 cities economically within a decade.Sheikh Hamdan emphasized the importance of integrating real estate with digital platforms, fostering innovation, and building a future-ready, sustainable digital economy. (ICE DUBAI)

Fonte notizia: https://mail.google.com/mail/u/0/#inbox?projector=1