As part of a larger initiative to modernize public asset management and improve administration, the UAE Ministry of Finance announced on Monday that it has implemented a new digital system to centralize and manage data on federal government real assets.
The Federal Government Real Estate Assets Platform will function as a single computerized registration for all real estate that is controlled by the federal government. It is intended to link real estate assets with financial and operational systems throughout the federal government, as well as to record, update, and categorize property data.
Article 18 of Federal Decree-Law No. 35 of 2023 on Union-Owned Properties, which requires the establishment of a federal electronic registration for government real estate, is satisfied by the launch, according to the ministry.
Younis Haji AlKhoori, undersecretary at the Ministry of Finance, and Mariam Mohamed Al Amiri, assistant undersecretary for the Government Financial Management Sector, as well as representatives from federal agencies and technology experts, were present at the event in Dubai where the announcement was made.
