Dubai Future District Fund (DFDF) has signed a MoU with Second Century Ventures (SCV).
SCV is the venture arm backed by the National Association of REALTORS (NAR) and operates the global REACH real estate technology accelerator.
The agreement aims to support the growth of real estate innovation in Dubai.
Under the MoU, DFDF and SCV will collaborate to identify, fund, and support startups at the intersection of real estate and technology.
The partnership seeks to provide international proptech firms with access to the Dubai market, in line with the Dubai Economic Agenda D33.
SCV manages a portfolio of over 350 companies globally. It operates the REACH scale-up programme in seven markets: the US, Australia, Canada, the UK, Latin America, and the Middle East.
Through the collaboration, SCV will gain insights and connections with local stakeholders. These include developers, construction firms, regulators, and government entities.
Meanwhile, DFDF will leverage SCV’s global network to identify high-potential startups. It will also support local companies in scaling internationally.
“Real estate and construction are strategic pillars for the Emirate, and by working with SCV, we aim to inject world-class innovation into the ecosystem and create tangible commercial opportunities for technology startups in the space,”
said Nader Albastaki, Managing Director of DFDF.
SCV has adapted its REACH programme for Dubai, aligning each cohort with regional priorities.
The partners will host two annual “Procurement Matchmaking” events and jointly review co-investment opportunities.
The inaugural 2026 REACH Middle East cohort includes proptech companies from the UAE, Saudi Arabia, and India.
Featured image credit: DFDF press release
