Image credit: WAM/Website
The Ministry of Finance (MoF) in UAE has officially launched the Federal Government Real Estate Assets Platform, a centralised digital system aimed at documenting, managing, and continuously updating data on federal real estate assets in line with the highest standards of transparency and operational efficiency.
The launch marks a key milestone in the government’s broader digital transformation agenda, reinforcing efforts to modernise public asset management and enhance data-driven decision-making across federal entities, a WAM report said.
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The launch event was attended by Younis Haji AlKhoori, undersecretary of the Ministry of Finance, and Mariam Mohamed Al Amiri, assistant undersecretary for the Government Financial Management Sector at the ministry. The event also brought together representatives from federal entities, government officials, and specialists in asset management and digital technologies.
As part of the programme, the event featured a panel discussion exploring the role of artificial intelligence in government asset management, alongside an interactive presentation that offered a live demonstration of the platform’s technical features and operational capabilities.
Regulatory compliance and strategic alignment
The platform was launched in compliance with Article 18 of Federal Decree-Law No. (35) of 2023 concerning Union-Owned Properties. The legislation mandates the Ministry of Finance to establish an electronic registry for federal real estate assets, ensuring unified documentation and governance at the federal level.
AlKhoori emphasised that the platform reflects the ministry’s commitment to the full digital transformation of government resource and asset management. He noted that the initiative aligns with the leadership’s vision of promoting excellence across all sectors by enhancing operational efficiency, rationalising expenditure, and automating procedures.
Enhancing governance and decision-making
According to AlKhoori, the platform is expected to deliver a paradigm shift in the organisation, governance, and management of federal real estate assets. By providing accurate, up-to-date, and reliable data, the system strengthens transparency and supports informed policymaking and strategic planning related to federal properties.
Al Amiri highlighted the platform’s role in unifying federal real estate asset data and improving its quality, while linking it to relevant financial and operational processes. She said this integration will enable faster access to information and improve efficiency in planning and expenditure across federal entities.
She added that the platform has been designed to be practical and easy to use, allowing entities to register and update asset data under unified classifications, manage leasable spaces, and process requests through automated procedures that reduce time and effort while reinforcing transparency and governance.
The platform provides federal entities with a strategic tool to register, monitor, and manage real estate assets through a structured and methodical approach. Its intuitive workflow simplifies classification and review processes while offering a comprehensive suite of digital services that enhance operational efficiency.
The launch represents a significant step toward building an integrated federal asset management system, reinforcing the UAE’s global leadership in public financial management and supporting its vision for a more sustainable and innovative government sector.
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