The Dubai Land Department (DLD), in collaboration with Second Century Ventures, has announced the launch of REACH Middle East — an eight-month technology accelerator program targeting entrepreneurs in the PropTech sector.
Goals of the Accelerator and What It Offers Participants
- Initial funding of up to USD 250,000 for each selected company, along with opportunities to connect with other investors.
- Collaboration with real estate developers, government entities, and facility managers to test and implement innovative solutions in a real-world environment.
- Mentorship from PropTech experts and founders, as well as membership in a global network of hundreds of companies that have graduated from REACH programs worldwide.
- Regional and global exposure, supporting growth in line with Dubai’s economic and real estate strategies, including the Dubai Economic Agenda D33 and the Real Estate Strategy 2033.
Who Can Apply?
The accelerator targets early-stage companies (Seed to Series A) that:
- Are revenue-generating.
- Operate in sectors such as real estate, construction, sustainability, or facility management.
- Leverage emerging technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), or blockchain.
Why Is This Important Now?
- Boosting innovation and digital transformation: The accelerator offers genuine opportunities to apply PropTech solutions within Dubai’s supportive regulatory environment and advanced infrastructure.
- Strong network and investment opportunities: Partnerships with global organizations open wide doors for both local and international growth.
- Alignment with national strategies: It supports Dubai’s economic plans and reinforces its position as a global hub for real estate innovation.
REACH Middle East is a distinguished initiative that reflects Dubai’s vision as a global center for innovation in the real estate sector. It offers startups the perfect platform to scale their operations, test their ideas, and attract investment — contributing to the advancement of both the property market and the wider economy in the region.
