DUBAI: The Dubai Land Department has launched the Real Estate Sector Strategy 2033, a plan designed to transform Dubai’s property market dramatically over the next decade. The strategy targets raising the total market value to AED 1 trillion while doubling the sector’s GDP contribution to AED 73 billion. This ambitious vision supports Dubai’s broader economic diversification goals, positioning the real estate sector as a central pillar of sustainable growth. By doing so, Dubai aims to enhance its global reputation as a prime investment hub while ensuring long-term economic resilience.
One of the core elements of the strategy is boosting real estate transactions through streamlined processes, improved regulatory frameworks, and enhanced investor protection. The plan focuses on attracting a larger pool of international investors by offering easier access, better services, and more diverse property options. Measures will be introduced to increase market transparency and to create an environment where both seasoned investors and first-time buyers feel confident participating. This drive to increase transactional volume will also help foster a more dynamic, liquid, and competitive marketplace.
The strategy also prioritizes increasing home ownership rates and expanding property investment portfolios across different population segments. To achieve this, the Dubai Land Department will heavily invest in artificial intelligence, smart contracts, and digital service platforms. These technologies will deliver faster, more personalized, and more reliable services to buyers, sellers, and investors alike. Enhanced digital experiences are expected to simplify complex procedures, reduce operational costs, and provide real-time data insights, all of which are critical for enabling smarter and more strategic real estate decisions.
Training and empowering Emiratis to lead the next generation of real estate brokerage is another key pillar of the strategy. Special programs will focus on equipping Emirati professionals with world-class knowledge, skills, and certifications to elevate local participation in high-value real estate roles. At the same time, the strategy promotes sustainable development by encouraging environmentally responsible building practices and supporting green initiatives. By combining human capital development with sustainability goals, Dubai aims to build a real estate sector that is both globally competitive and aligned with future urban and environmental standards.
