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The Dubai Future Foundation, in collaboration with the Dubai Land Department and Dubai Digital Authority, has launched the "Real Estate Technology Data Sandbox" platform with the aim of empowering companies and fostering innovation within Dubai and the UAE's real estate sector. The platform enables innovators and companies to test and develop business models and services based on real estate data within a secure and realistic environment, focusing on how to effectively leverage regulatory data and overcome regulatory challenges that may hinder innovation. The initiative aims to support the legislative ecosystem, enhance innovation, and position Dubai as a global hub for real estate technology, emphasizing that data is fundamental to digital transformation and increasing market efficiency, while ensuring privacy and governance are maintained.
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