UAE’s Aldar welcomes property tech start-ups to new initiative


(MENAFN) The grandest registered real-estate firm in the UAE, Aldar, disclosed the second round of its Scale Up accelerator programme, welcoming firms that are on their way of digitizing the property industry.

The programme makes up a part of the equity-free plan for the Abu Dhabi-located company, giving an entryway for international technological small companies to make their way into the Emirates’ economy.

Aldar’s executive director, strategy and transformation Properties, Maan Al Awlaqi mentioned: “The digital transformation of the real estate sector has rapidly accelerated and will continue to evolve at pace with the emergence of Web 3.0 and the movement towards an open metaverse.”

He further noted: “Aldar Scale Up programme seeks to bring the best of these solutions to the UAE and help participants scale their ventures, grow their networks and access a large pool of investors, capital and expert mentorship.”

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