In a recent announcement, the Dubai Land Department revealed that real estate investment platform STIC has joined the “Reiss Real Estate Innovation” initiative. The goal of this initiative is to make Dubai a global leader in real estate technology and artificial intelligence. By increasing access to and ownership of real estate and promoting community awareness of collective investment in the sector, the initiative aims to make real estate investment accessible to everyone.
STIC, a local company that started in Dubai and has since expanded globally, offers a comprehensive digital experience that digitizes the buying and selling processes of real estate. This contributes to the global digital transformation and democratization of real estate, making it more accessible on a worldwide scale.
The Acting Director General of the Dubai Land Department, Engineer Marwan bin Ghalita, expressed his happiness about STIC joining the Reiss initiative. He emphasized the department’s commitment to fostering real estate innovations and supporting the competitiveness of technology companies in local markets. The department aims to encourage investment in real estate by adopting modern digital technologies and promoting digitization as a key driver of growth in Dubai’s real estate sector.
Rami Tabbara, co-founder and CEO of STIC, expressed his platform’s dedication to revolutionizing real estate transactions and expanding investment opportunities in property. With STIC’s minimum investment requirement of only 500 dirhams, individuals can easily invest in real estate with little financial commitment.
As part of their partnership with Reiss Real Estate Innovation, STIC will host a workshop titled “Invest for Tomorrow” on July 3rd, 2024. This workshop will provide participants with crucial skills in money management and smart investing strategies that will help them build wealth and achieve financial independence. Topics covered include financial management basics, investment strategies, passive income generation, and financial planning for the future.
Overall, this partnership between STIC and Reiss Real Estate Innovation signifies an exciting new era for real estate investments in Dubai as technology continues to transform how we do business locally and globally.
