Dubai SME, DLD sign new deal to integrate Emirati SMEs into real estate sector

Real estate companies will collaborate with members across design, contracting, consultancy, and property management

Staff Writer
Dubai
Image: Dubai Media Office

Article summary

AI Generated

Dubai SME and Dubai Land Department have partnered to boost Emirati-owned SMEs in the real estate sector. This collaboration aims to integrate SMEs into property operations, design, and management, supporting Dubai's economic diversification and the D33 agenda.

Key points

  • Dubai SME and DLD partner to boost Emirati SMEs in real estate.
  • Agreement facilitates SME access to owners' associations and operations.
  • Supports Dubai Economic Agenda D33 goals for economic growth.

The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has signed a Memorandum of Understanding (MoU) with Dubai Land Department (DLD) to strengthen coordination between the two government entities and deepen the integration of Emirati-owned SMEs within the emirate’s real estate sector.

Under the agreement, Dubai Land Department will facilitate access for Dubai SME members to activities related to owners’ associations and real estate operations.

“Inspired by our city’s visionary leadership, this partnership with Dubai Land Department reflects our commitment to embedding Emirati entrepreneurs more deeply within Dubai’s high-growth sectors, particularly real estate, which remains a cornerstone of the Emirate’s economic diversification programme. By strengthening collaboration between government entities and creating direct pathways for engagement between Emirati entrepreneurs and developers, we are bolstering confidence in sustained government support for SMEs and positioning Dubai as a leading global hub for entrepreneurship and innovation,” Ahmad Al Room Almheiri, Acting CEO of the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) said in a statement.

Dubai SME, DLD partnership to open real estate opportunities for Emirati entrepreneurs

Image: Dubai Media Office

Real estate companies will collaborate with members across design, contracting, consultancy, and property management, with the aim of increasing opportunities for Emirati enterprises to contribute to development projects.

The agreement will contribute towards the goals of the Dubai Economic Agenda, D33, which aims to double the size of Dubai’s economy by 2033 and position it as a global hub for multinational corporations, SMEs, and local champions. Dubai SME aims to facilitate the launch of 8,000 new businesses by 2033 and increase the number of supported enterprises to 27,000, up from 19,000 at the end of 2024.

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“This agreement underscores Dubai Land Department’s commitment to strengthening integration across government entities and expanding strategic partnerships that support the sustainable growth of the emirate’s real estate sector. We consider Small and Medium Enterprises key contributors to the sector’s value chain, and we are keen to empower them to operate in a clear, enabling regulatory environment while enhancing their readiness to participate in various real estate activities.

“We are also committed to providing regulatory and advisory frameworks that enhance compliance levels and support the development of national talent, in line with the objectives of the Dubai Real Estate Strategy 2033, ultimately strengthening the market’s competitiveness and transparency,” Eng. Abdullah Ahmed Al Shehhi, CEO of the Real Estate Regulatory Agency at Dubai Land Department added.

The MoU also aligns with the Dubai Real Estate Strategy 2033, which aims to increase homeownership, raise the sector’s GDP contribution, and enhance market transparency and competitiveness.

The agreement prioritises regulatory awareness and compliance, with DLD providing guidance to Dubai SME members on real estate legislation and operational requirements, alongside joint workshops and awareness initiatives designed to strengthen sector knowledge and professional standards among entrepreneurs.

Dubai SME will promote DLD’s services through its platforms and networks, facilitate member access to relevant services, organise training programmes, and coordinate matchmaking initiatives connecting SMEs with real estate developers and stakeholders. Developers supporting SME participation will be formally recognised, reinforcing shared value creation within the sector.

Dubai’s real estate sector recorded historic levels in 2025, with more than 270,000 real estate transactions valued at over AED 917 billion, reflecting investment momentum and investor confidence in the market.

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In Q1 2026, the sector recorded approximately AED 252 billion in real estate transactions across more than 60,303 transactions, reflecting growth compared to the same period last year.

Total real estate investments during the same period reached around AED 173 billion through 57,744 investments, reinforcing the emirate’s position as a destination for real estate investment among both local and international investors.

Through public sector collaboration and engagement with private stakeholders, Dubai continues to demonstrate a model of growth where entrepreneurship, regulatory clarity, and strategic coordination converge to support a globally competitive economy.