Dubai Real Estate Corporation (DREC) was established by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, in June 2007 through Law Number 14.

DREC’s activities encompass owning and managing its land bank which includes a sizable amount of properties registered under the name of the Dubai Government,as well as others. Its mandate extends to building, investing in and utilisation of commercial and industrial lands and properties.

DREC contributes to the sustainability of Dubai’s urban growth while expanding its asset base by providing unique projects that satisfy market needs and exceed customer expectations.