Source : WAM
The Ministry of Finance (MoF) has officially introduced the Federal Government Real Estate Assets Platform, a unified digital system aimed at documenting and continuously updating data related to federal real estate assets in accordance with the highest standards of transparency and operational efficiency.
The launch ceremony 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, alongside representatives from federal entities, government officials, and specialists in asset management and digital technologies.
The event included a panel discussion examining the role of artificial intelligence in government asset management, as well as an interactive session featuring a live demonstration of the platform’s functionalities and technical capabilities.
The platform was launched in accordance with Article 18 of Federal Decree-Law No. (35) of 2023 on Union-Owned Properties, which requires the Ministry of Finance to establish an electronic registry for federal real estate assets.
AlKhoori emphasised that the platform’s launch reflects the ministry’s commitment to achieving comprehensive digital transformation in the management of government resources and assets. He noted that the initiative aligns with the leadership’s vision to promote excellence across all sectors by improving operational efficiency, rationalising expenditure, and automating processes through streamlined procedures.
He added that the platform represents a transformative step in the organisation, governance, and management of federal real estate assets. By providing accurate, up-to-date, and reliable data, it strengthens governance and transparency while supporting informed policymaking and strategic decision-making related to federal real estate assets.
Al Amiri, in turn, said, “The platform responds to a genuine need to unify federal real estate asset data, enhance its quality, and link it to relevant financial and operational procedures, ensuring accuracy, faster access to information, and improved efficiency in planning and expenditure across federal entities.
“Within the Government Financial Management Sector, we ensured the platform is practical and easy to use, enabling federal entities to register and update their real estate asset data under unified classifications, manage leasable spaces, and process requests through automated procedures that reduce time and effort while strengthening transparency and governance.”
The platform serves as a strategic tool that allows federal entities to systematically register, monitor, and manage their real estate assets through an organised and structured framework.
Designed with an intuitive workflow, the platform simplifies classification and review procedures while offering a comprehensive range of digital services that improve the efficiency of federal real estate operations.
Its launch marks a major milestone in establishing an integrated federal asset management system, reinforcing the UAE’s global standing in public financial management and supporting its vision for a more sustainable, innovative government sector.
