Dubai Future Foundation and Mohamed Bin Rashid Housing Establishment Partner to Enhance Housing Ecosystem with Strategic Initiatives

Dubai Future Foundation and Mohamed Bin Rashid Housing Establishment Partner to Enhance Housing Ecosystem with Strategic Initiatives

Post by : Elena Malik

July 17, 2024 10:27 a.m. 944

Photo : Dubai Government Media Office

Dubai Future Foundation (DFF) and Mohammed Bin Rashid Housing Establishment (MBRHE) have announced a landmark strategic partnership aimed at revolutionizing the housing landscape in Dubai. This collaboration, formalized through a Memorandum of Understanding (MoU), is set to drive innovation and research in the housing sector, leveraging the expertise of both entities to pioneer sustainable solutions.

This partnership integrates DFF's forward-thinking innovation strategies with MBRHE's deep sector-specific knowledge to create a new era of sustainable housing solutions. By fostering a conducive environment for innovative and effective initiatives, this collaboration aims to enhance the quality of life for residents and ensure Dubai's resilience as a future-ready city.

Two pivotal initiatives form the core of this collaboration: a comprehensive research project and a dynamic cohort program. The research initiative will see DFF use its world-class expertise to develop a standardized framework for sustainable housing development proposals, setting a new global benchmark in urban housing research and development.

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Additionally, the cohort program will utilize DFF’s innovation ecosystem, AREA 2071, to launch joint initiatives and brainstorm cutting-edge housing solutions. Selected startups and tech companies will have the opportunity to develop and test revolutionary housing solutions in real-time, with successful pilots fast-tracked for implementation across Dubai. This initiative aligns with the emirate’s vision to become the world’s leading smart city by 2030.

His Excellency Omar Hamad Bushahab, Executive Director at MBRHE, expressed his enthusiasm for the partnership, stating, “We are proud of this unique partnership, which combines our extensive expertise in the housing industry with the foresight strategies of the Dubai Future Foundation. This collaboration is poised to drive significant advancements in Dubai's housing sector by fostering research and pioneering solutions aimed at enhancing the quality of life for our community and delivering cutting-edge and sustainable housing solutions.”

His Excellency Khalfan Juma Belhoul, CEO of DFF, echoed these sentiments, saying, “Our partnership with MBRHE marks a transformative step towards driving Dubai's housing sector forward. By combining our strengths, we are uniquely positioned to anticipate future opportunities, transforming them into tangible, impact-driven initiatives. This partnership sets a new benchmark for the housing sector.”

Belhoul added, “This strategic partnership extends beyond improving housing; it's about creating sustainable solutions that drive progress and ensure a prosperous future for Dubai and UAE’s society. It’s a testament to our vision of Dubai as a global hub for innovation, where cutting-edge ideas translate into tangible benefits for our community.”

Through this agreement, DFF seeks to implement unique, actionable solutions to drive the sustainable development of Dubai’s housing ecosystem, elevating the sector to new heights through the use of technology and innovation. The collaboration between DFF and MBRHE promises to be a game-changer, setting new standards in sustainable urban development and positioning Dubai as a global leader in innovative housing solutions.

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