Image Credit : WAM
The UAE Ministry of Finance has launched a new digital system to centralise and manage data on federally owned real estate, marking a key step in modernising public asset management and strengthening governance.
The platform, known as the Federal Government Real Estate Assets Platform, will act as a unified electronic registry for all federal real estate. It is designed to document, classify and update property data while linking real estate assets with financial and operational systems across the federal government.
The ministry said the initiative fulfils the requirements of Article 18 of Federal Decree-Law No. 35 of 2023 on Union-Owned Properties, which mandates the creation of a federal electronic registry for government-owned real estate.
The announcement was made at an event in Dubai attended by Younis Haji AlKhoori, Undersecretary at the Ministry of Finance, and Mariam Mohamed Al Amiri, Assistant Undersecretary for the Government Financial Management Sector, alongside representatives from federal entities and technology specialists.
Digital overhaul
AlKhoori said the platform is intended to strengthen regulation, governance and oversight of federal real estate assets, while supporting the UAE government’s wider digital transformation agenda. By automating asset-related processes, the system is expected to improve data quality and support more effective policy formulation and long-term planning.
Federal entities can use the platform to register and update property information under standardised classifications, manage leasable spaces and submit real estate-related requests through automated workflows. These include inspections, transfers, sales, demolitions and structural modifications.
The system is integrated with other federal platforms to ensure asset records remain current. It also generates reports and performance indicators to support evidence-based decision-making.
Financial data integration
Al Amiri said the platform was developed to unify real estate data across federal bodies and link it directly to financial and operational procedures, with the aim of enhancing planning, expenditure control and transparency.
The registry captures both financial and non-financial data, including asset values, depreciation, operating costs, location, condition and technical specifications. It also stores related digital documents such as architectural drawings, site maps and contracts.
A four-tier classification structure covering sites, buildings, floors and individual units has been introduced, standardising how federal real estate is recorded and enabling faster access to information.
Automated services
According to the ministry, the platform replaces paper-based procedures with a centralised digital framework that enables real-time tracking, automated approvals and structured lease management, including contract creation, amendments and terminations.
Officials said the initiative is expected to improve the efficiency of federal real estate utilisation, strengthen governance frameworks and support long-term planning for government-owned property assets.
