Dubai Land Department Launches Real Estate Tech Accelerator

The Dubai Land Department has partnered with Second Century Ventures to launch REACH Middle East, a new accelerator program aimed at supporting real estate technology startups in the region. The eight-month initiative will offer up to 10 selected companies access to funding, mentorship, and a wide network of real estate industry stakeholders. Each participating startup will be eligible to receive up to $250,000 in seed capital.

Led by real estate technology entrepreneurs Siddiq Farid and Karim Helal, REACH Middle East is open to startups from a range of industries seeking to expand into real estate, construction, sustainability, or property management. Eligible companies must be revenue-generating and fall within the seed to Series A funding stages, with a focus on technologies such as artificial intelligence, the Internet of Things, and blockchain.

Participating startups will collaborate with real estate developers, government entities, and facility managers to pilot and commercialize their technologies. The program is part of broader national efforts to drive digital transformation and economic diversification, aligning with the UAE Digital Economy Strategy, the Dubai Economic Agenda D33, and the Dubai Real Estate Sector Strategy 2033. These initiatives aim to contribute more than $27 billion to the national economy.