Emirati Real Estate Business Incubator launched to empower Emirati talent

Dubai Land Department has launched the Emirati Real Estate Business Incubator, in collaboration with Dubai Silicon Oasis, the New Economy Academy and Rochester Institute of Technology of Dubai (RIT Dubai).

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The move is part of 'The Emirates: The Startup Capital of the World' national campaign, launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to strengthen the UAE's position as a leading global hub for entrepreneurship.

The launch and details of the programme were announced during a press conference held in Dubai on Monday, in the presence of Omar Hamad Bushahab, Director-General of Dubai Land Department; Badr Buhannad, Director-General of Dubai Silicon Oasis and Dr. Laila Faridoon, CEO of the New Economy Academy.

'The UAE: the Startup Capital of the World' national campaign is overseen by the Ministry of Economy and Tourism in collaboration with the UAE Government Media Office, with the participation of the UAE Council for Entrepreneurship and over 50 government entities, private organisations, business incubators and accelerators, and leading academic institutions.

The first edition of the 6-month Emirati Real Estate Business Incubator will launch on 27th October at Dubai Silicon Oasis, the specialised economic zone for knowledge and innovation operating under the Dubai Integrated Economic Zones Authority (DIEZ). The programme will incubate 50 Emirati real estate firms, guiding them in the transition from independent brokers to established, full-time real estate agencies.