Dubai ranked 28th in the Global Real Estate Transparency Index 2024

According to Amac News: The real estate transparency index announcement states that Dubai and Abu Dhabi have earned a place among the top 5 improvers in the transparency score globally.
According to the announcement, Dubai ranked third and Abu Dhabi ranked fifth for improvements made from 2022 to 2024, among the top global improvers for scaling digital capabilities, enforcing strong anti-money laundering (AML) laws. ) and known as beneficial ownership (BO).
In the 2024 edition, Dubai climbed one place to 28th place in the index, where it maintains its position as the only property market in the Middle East and North Africa (MENA) to rank as "transparent".
The emirate's achievements in its ranking highlight the effectiveness of government initiatives to increase market transparency and create a stronger real estate environment in the region.
Improving digital services through the Dubai REST interface, the smart real estate platform for real estate services, and providing access to land information or urban planning systems underlines the UAE's commitment to continuous improvement in real estate practices.
Ranked 41st in the index, Abu Dhabi advanced four places to the "semi-transparent" level from 2022. Emirates has used PropTech and AI to expand its digital services and optimize real estate operations through its DARI platform, which includes sales and lease management and development and transaction databases.
James Allen, Managing Director of JLL Middle East and Africa (MEA), said: "Dubai's continued progress in the 2024 edition of the Global Real Estate Transparency Index and the significant progress made by Abu Dhabi reflect a broader trend towards greater transparency and efficiency in It is reality.
Real estate markets across the UAE have positioned themselves as a technology and innovation leader in the MENA region, creating an enabling investment environment that supports transformative urban development projects with increasing commitments to sustainability.