The Dubai Land Department (DLD) has announced a strategic partnership with Second Century Ventures to launch REACH Middle East, an eight-month accelerator program designed to support high-potential proptech startups.
Backed by Second Century Ventures, the investment arm of the National Association of REALTORS® and a global leader in real estate innovation, REACH Middle East will empower up to 10 startups in real estate, construction, sustainability, and property management—especially those utilizing emerging technologies such as AI, IoT, and blockchain.
Startups accepted into the program will gain access to:
- Direct investment: Up to $250,000 in seed funding, along with connections to strategic investors and opportunities for follow-on capital.
- Market access: Real-world pilot projects with top developers, government entities, and property managers.
- Mentorship: Guidance from global thought leaders and successful founders.
- Growth opportunities: Curated networking at top industry events and global conferences.
- Global expansion: Join the exclusive REACH network of 330+ graduates with a collective market value of over $10B.
The program targets revenue-generating startups from seed to Series A, with scalable business models and a vision for regional or global expansion.
Launched in alignment with the UAE’s Digital Economy Strategy, Dubai’s D33 Agenda, and Dubai Real Estate Strategy 2033, REACH Middle East aims to strengthen public-private partnerships and position the region as a global hub for real estate innovation.
Sudeep Fried, Managing Director of REACH Middle East, stated:
“MENA is leading the future of real estate innovation. REACH Middle East is committed to equipping startups with real-world solutions that create sustainable value.”
Dr. Mahmoud AlBurai, Head of Policies and Innovation at Dubai Land Department, added:
“We are proud to support REACH Middle East in empowering the region’s proptech ecosystem. Starting in Dubai, this accelerator will catalyze impactful solutions and strengthen the global real estate innovation landscape.”
Applications for the first cohort are now open.