Real Estate Incubator Program Phase Two Launched

Dubai Land Department has launched the second phase of its Emirati Real Estate Business Incubator Programme, seeking to attract 25 UAE nationals to establish local real estate brokerage firms. This initiative follows a successful first phase, demonstrating strong interest from Emiratis in Dubai's property sector. Registration for the second phase is open until May 25th.

The six-month program will provide comprehensive training in legal, regulatory, operational, marketing, and financial aspects of running a real estate brokerage. It will also focus on technology, artificial intelligence, professional standards, and industry ethics. Participants will receive mentorship, practical business guidance, and networking opportunities with developers and stakeholders.

The program aims to equip Emirati brokers with the skills and support needed to establish sustainable brokerage firms and contribute to a more competitive property market. The Dubai Land Department emphasizes the importance of supporting Emirati entrepreneurship and expanding national participation in the rapidly growing real estate sector.

This incubator program is part of a broader strategy to strengthen Emirati participation in the private sector and support Dubai's transition towards a diversified, knowledge-based economy. The program is delivered in partnership with Dubai Silicon Oasis, New Economy Academy, and Rochester Institute of Technology Dubai.