The UAE has achieved notable progress in real estate transparency, with Dubai and Abu Dhabi featured among the top five global improvers in the 2024 Global Real Estate Transparency Index (GRETI) by JLL. The report highlights advances in digital capabilities, anti-money laundering regulations, and data accessibility, positioning the UAE as a regional leader in this field.
Dubai ranks 3rd globally for improvements from 2022 to 2024, rising to 28th overall on the index. It is the only market in the Middle East and North Africa (MENA) region classified as “Transparent,” reflecting the success of government initiatives in fostering a strong real estate sector.
Dubai Land Department’s Marwan Ahmed bin Ghalita emphasised that this progress demonstrates Dubai’s commitment to a reliable real estate ecosystem. Enhanced digital services, including the Dubai REST platform, have been key to this advancement.
James Allan, CEO of JLL Middle East and Africa, noted that Dubai’s and Abu Dhabi’s improvements signify a broader trend towards greater transparency and efficiency in the UAE’s real estate markets, positioning the UAE as a leader in technology and innovation.
Abu Dhabi advanced four positions to 41st on the index, leveraging proptech and AI through platforms like DARI for sales and lease management.
REGA’s Tayseer bin Mohammed Al-Mufarrij highlighted that these measures align with Vision 2030 and are essential for the Kingdom’s growth and economic diversification.
