Dubai SME and Dubai Land Department Strengthen Integration for Emirati SMEs in Real Estate Sector
Dubai: The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a division of the Dubai Department of Economy and Tourism (DET), has formalized a partnership with the Dubai Land Department (DLD) through a Memorandum of Understanding (MoU). This collaboration aims to enhance coordination between the two entities, focusing on the integration of Emirati-owned small and medium enterprises (SMEs) within Dubai’s burgeoning real estate sector.
Facilitating Access for SMEs
As part of the agreement, the Dubai Land Department will provide Dubai SME members with access to activities related to owners’ associations and various real estate operations. This initiative will enable real estate companies to collaborate with SMEs in areas such as design, contracting, consultancy, and property management. The goal is to strengthen participation across the sector’s value chain, thereby increasing opportunities for Emirati enterprises to engage in significant development projects.
Supporting Dubai’s Economic Agenda
This partnership aligns with the objectives of the Dubai Economic Agenda, known as D33, which aims to double the size of Dubai’s economy by 2033. The agenda seeks to position Dubai as the fastest-growing and most attractive global hub for multinational corporations, SMEs, and local champions. In line with these ambitions, 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 by the end of 2024.
The agreement also dovetails with the Dubai Real Estate Strategy 2033, which focuses on increasing homeownership, enhancing the sector’s GDP contribution, and improving market transparency and competitiveness.
Commitment to Emirati Entrepreneurs
Ahmad Al Room Almheiri, Acting CEO of Dubai SME, emphasized the significance of this partnership, stating that it reflects a commitment to embedding Emirati entrepreneurs more deeply within high-growth sectors, particularly real estate. He noted that real estate is a cornerstone of Dubai’s economic diversification program. By fostering collaboration between government entities and establishing direct pathways for engagement between Emirati entrepreneurs and developers, the initiative aims to bolster confidence in sustained government support for SMEs and position Dubai as a global hub for entrepreneurship and innovation.
Eng. Abdullah Ahmed Al Shehhi, CEO of the Real Estate Regulatory Agency at Dubai Land Department, highlighted the importance of this agreement in strengthening integration across government entities. He stated that SMEs are key contributors to the sector’s value chain and expressed a commitment to empowering these enterprises to operate within a clear regulatory environment. This initiative aims to enhance their readiness to participate in various real estate activities.
Enhancing Regulatory Awareness
The MoU prioritizes regulatory awareness and compliance, with the DLD committed to providing guidance to Dubai SME members on real estate legislation and operational requirements. Joint workshops and awareness initiatives will be organized to strengthen sector knowledge and professional standards among entrepreneurs.
Dubai SME will actively promote DLD’s services through its platforms and networks, facilitating member access to relevant services. Additionally, specialized training programs will be organized, along with structured matchmaking initiatives that connect SMEs with real estate developers and stakeholders.
Developers who support SME participation will receive formal recognition, reinforcing the culture of collaboration that has become a hallmark of Dubai’s economic strategy.
Real Estate Sector Performance
Dubai’s real estate sector has shown remarkable performance in the first quarter of 2026, recording approximately AED252 billion in real estate transactions across over 60,303 transactions. This reflects significant growth compared to the same period last year, underscoring the strength of investment momentum and sustained market demand.
Total real estate investments during this period reached around AED173 billion through 57,744 investments. This trend highlights growing confidence among both local and international investors, further solidifying Dubai’s position as a leading global destination for real estate investment.
For more information, visit the source: www.emirates247.com.
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Published on 2026-04-16 16:23:00 • By the Editorial Desk
