Emirates Real Estate Corp

Overview

The Emirates Real Estate Corporation (EREC) is a public entity established under Federal Law No. 7 of 2000 with a paid-up capital of AED 500 million. It is mandated to oversee and manage federal real estate assets across the United Arab Emirates. EREC operates under the supervision of the Ministry of Finance (MoF) and reports directly to the Minister of Finance.

Today, EREC works in collaboration with approximately 400 specialized local companies, carefully selected and registered as partners. These firms provide essential support across project management, consultancy, construction, and key supply services.

Overview

Vision

To be pioneers in real estate development, property investment, and building management—locally, regionally, and globally.

Mission

To uphold international standards in the development and construction of sustainable government buildings, deliver exceptional post-construction services, and foster partnerships among federal and local authorities as well as the private sector. EREC also aims to create a work environment that supports employee development, recognition, and professional growth.

Strategic Objectives

EREC is committed to delivering high-quality real estate services through the following strategic goals:

  • Construct properties for various government entities—from ministries to federal authorities—according to global best practices, while maintaining EREC’s competitive edge.
  • Respond effectively to the needs of ministries and federal bodies by providing timely, relevant services via a robust operational framework.
  • Ensure a high level of flexibility to adapt to evolving client requirements. This includes offering fully integrated design and construction processes in partnership with reputable private contractors in a resource-efficient manner.
  • Oversee the comprehensive management and supervision of government properties, both for short- and long-term needs.
Key Responsibilities
EREC plays a vital role in supporting the federal government’s real estate infrastructure. Its core responsibilities include:
Property Ownership and Management
  • Acquiring, leasing, and managing real estate assets essential for achieving its objectives.
  • Maintaining government buildings and federal properties upon request by relevant authorities.
Government Building Development
  • Designing and executing construction projects for government offices and departments.
  • Outfitting buildings to be leased to federal ministries, institutions, and organisations both within the UAE and internationally.
Investment and Financial Operations
  • Investing its funds in suitable fields aligned with its operational regulations.
  • Issuing financing bills and borrowing funds to support its projects and growth.
  • Engaging in finance leasing arrangements to execute its real estate development plans.
Strategic Expansion and Mandates
  • Carrying out tasks assigned by the UAE Cabinet through specific decisions.
  • Expanding operations in accordance with government strategies and real estate needs.
EREC Projects
Buildings leased by operational lease system
10
Buildings built in the UAE leased to ministries and federal entities
8
Buildings constructed as headquarters for diplomatic missions outside the country
Buildings set up by the financial leasing system
27
EREC constructed/developed 27 financial leasing projects inside and outside the country
Projects managed by EREC
Emirates Development Bank in Dubai
Emirates Development Bank in Dubai
Abu Dhabi General Pension and Social Security Authority
Abu Dhabi General Pension and Social Security Authority
Ongoing Projects
Ministry of Human Resources and Emiratisation building in Dubai​
Ministry of Human Resources and Emiratisation building in Dubai​
Ministry of Energy and Infrastructure building in Dubai
Ministry of Energy and Infrastructure building in Dubai
Ministry of Industry and Advanced Technology building in Dubai
Ministry of Industry and Advanced Technology building in Dubai
Administrative office building for the Ministry of Interior in Abu Dhabi
Administrative office building for the Ministry of Interior in Abu Dhabi