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Advancing the UAE Real Estate Sector
Emirates Real Estate Corporation (EREC) is a UAE national organisation that aims to design and build properties that meet the real estate needs of the government. It provides full maintenance services according to the highest international standards and specifications to all its tenants, who include government entities ranging from ministries to federal authorities.
Established over two decades ago, the Corporation creates tangible, strong and cooperative partnerships between the private and the public companies in the UAE real estate industry, expanding its role beyond operating just within the government sector, thereby making valuable contribution to the overall development and growth of the national economy.
EREC has made a significant contribution to the efficiency and effectiveness of the government operations with:
Vision
To be pioneers in real estate, realty investments, and building management, locally, regionally, and globally.
Mission
Maintain international quality standards in the establishment and construction of government green buildings, offer excellent service after construction, and encourage partnership among the local and federal authorities and the private sector, all under a working environment that ensures employee development, recognition, and appreciation.
Objectives
EREC is committed to achieving a range of strategic objectives that aim to provide the highest quality of real estate services to its clients.
EREC was established through the Federal Law No (7) in 2000 with paid up capital of AED500 million. Today, it works with some 400 local companies with specific areas of expertise and meticulously selected as registered members of the Corporation. These local firms provide support to EREC’s tasks ranging from project management to consultancy, actual construction, and auxiliary supplies.
Buildings built within the state leased to ministries and federal agencies
Buildings constructed as headquarters for diplomatic missions outside the country
EREC constructed/developed twenty seven financial leasing projects inside and outside the country
