Cooperation between “Dubai Land” and “Rich” to attract real estate technology companies
Dubai, March 9/ WAM/ The Dubai Land and Property Department has signed a cooperation agreement with the international company “Rich”, supported by the National Real Estate Justice Association (NAR), to launch the “Rich Middle East” real estate program, which aims to attract emerging real estate technology companies to Dubai and enhance innovation in the real estate sector.
This cooperation comes within the framework of “Dubai Land” preparedness to organize the “Proptech Connect 2026” conference and exhibition, the first global real estate event of its kind, which will bring together a group of investors and specialized companies to explore the latest technologies, such as artificial intelligence, blockchain, and data analysis.
The agreement contributes to supporting the Dubai Real Estate Sector Strategy 2033, by attracting an American investment fund specialized in real estate technology to the emirate.
“Rich” is one of the most international activity in this field, as it has implemented more than 300 investments around the world, and has held strategic partnerships that enhance Dubai’s position as a global center for innovation and real estate sustainability.
The agreement was signed by His Excellency Eng. Marwan Ahmed bin Ghalita, Director General of the Dubai Land and Property Department, and Dave Garland, the administrative partner of “Rich Ventures”, in the presence of a number of executives.
And “Dubai Land” will support the program by promoting it, communicating with investors, and providing organizational guidelines for startups, in addition to facilitating the implementation of experimental programs for these companies inside Dubai.
For its part, “Rich” will manage the program, and provide financing guidance and investment, in addition to establishing its regional office in Dubai with the support of “Dubai Land”. Marwan bin Ghalita stressed that this agreement enhances the role of technology in real estate, in line with Dubai’s vision as a first destination for smart real estate investment.
For his part, Dave Garland pointed out that the partnership with “Dubai Land” represents an important step to consolidate the emirate’s position as a global center for real estate innovation, and to attract leading solutions to enhance the sustainability and competitiveness of the real estate market.
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