Prime Highlight :
- The UAE Ministry of Finance launched a digital platform to centralise all federally owned real estate and improve governance.
- The system links property data with financial and operational processes, boosting efficiency, planning, and transparency.
Key Facts:
- The platform allows registration, classification, and updates of government properties, including leases, inspections, and transfers.
- It records financial and technical data, stores contracts and site plans, and standardises assets through a four-level classification system.
Background:
The UAE Ministry of Finance has launched a new digital system to manage and centralise data on all federally owned real estate, as part of efforts to modernise public asset management and strengthen governance. The ministry announced the launch on Monday.
The platform, named the Federal Government Real Estate Assets Platform, serves as a unified electronic registry for all federal government properties. It allows authorities to document, classify, and update real estate data while linking assets to financial and operational systems across the federal government.
The ministry said the platform meets the requirements of Article 18 of Federal Decree-Law No. 35 of 2023 on Union-Owned Properties, which calls for the creation of a federal electronic registry for government real estate. The announcement was made during an event in Dubai attended by senior officials and representatives from federal entities.
Younis Haji AlKhoori, undersecretary at the Ministry of Finance, said the platform strengthens regulation, oversight, and governance of federal real estate. He added that it supports the government’s digital agenda by automating asset-related processes and improving data accuracy for policy and planning.
Federal entities can use the system to register and update property details under standardised categories. The platform also enables automated requests for inspections, transfers, sales, demolitions, and structural changes. Leasable spaces and related workflows can be managed through the same system.
Mariam Mohamed Al Amiri, assistant undersecretary for the Government Financial Management Sector, said the platform connects real estate data with financial and operational procedures. She noted that this integration will improve planning, spending control, and transparency.
The system records financial and non-financial data, including property values, costs, locations, and technical details. It also stores digital documents such as contracts and site plans. A four-level classification system standardises how assets are recorded, improving data access and reporting.
Officials said the digital shift will increase efficiency, enable real-time tracking, and support long-term planning of federal real estate.
