Latest news with #DMT
Al Etihad
2 days ago
- Business
- Al Etihad
Department of Municipalities and Transport launches Binaa digital platform to enhance building permit processes in Abu Dhabi
18 June 2025 15:07 ABU DHABI (ALETIHAD)As part of the official launch of the Binaa digital platform, powered by artificial intelligence technologies, the Department of Municipalities and Transport signed a multi-party cooperation agreement on the sidelines of the Abu Dhabi Infrastructure Summit at the Abu Dhabi Energy Centre, organised by the Abu Dhabi Projects and Infrastructure agreement was signed between the Department and key entities, including Abu Dhabi Civil Defence Authority, Abu Dhabi National Energy Company (TAQA), and e&. The parties committed to streamlining procedures for issuing building permits and related services, aiming to expedite approvals and authorisations. Additionally, they agreed to coordinate the exchange of data, documents, and technical reviews, as well as other services associated with building construction processes. Binaa is the first-of-its-kind in the region, representing a fundamental shift in how construction plans are submitted, reviewed, and approved for both new and existing developments across the Emirate. This multifaceted system will reduce processing times by up to 70 percent and it identifies over-designs, such as using unnecessarily complex construction methods or heavy materials for smaller buildings like villas. This helps avoid redundancy, needless costs, and minimises environmental impacts, without compromising structural safety and on its launch, His Excellency Mohamed Ali Al Shorafa, Chairman of the DMT, said, 'We are pleased to launch Binaa alongside our strategic partners. This platform is a transformational step forward for Abu Dhabi's construction sector, and supports our goal of providing smart, AI-enabled services that streamline the permit issuance process while setting a new global benchmark for efficiency and transparency in government services.'Binaa will be rolled out in phases to give architects, contractors, and developers ample time to adjust to its features. In line with the aspirations of the UAE Year of Community, Phase 1 will focus on new private villas, for which about 20,000 applications are received each year. It will also provide all stakeholders, including individual villa owners, their consultants, and contractors, with the ability to simultaneously monitor the project's progress through the Executive Director of the Planning and Infrastructure Sector at DMT, His Excellency Abdulla Mohamed Alblooshi, said, 'Abu Dhabi's construction and building regulatory frameworks are poised to set global standards as a result of the Binaa's rollout. We call on architects, engineers, project owners and everyone operating in the sector to embrace this development as we are all set to benefit from the considerable opportunities it provides.'The platform incorporates artificial intelligence, Building Information Modelling (BIM) — introduced in 2024 and showcased at GITEX Global that same year, along with virtual and augmented reality technologies to improve efficiency and ensure building-codes compliance. Through its advanced features, Binaa introduces an innovative approach to construction virtual interface allows users to remotely explore and navigate construction sites, while tagging areas that require additional development or attention. On-site, augmented technology enhances inspections by overlaying 3D design data onto physical structures and spaces, enabling inspectors to mark zones for closer platform incorporates an advanced AI review tool capable of analysing 2D models of current or older buildings requiring adjustments or improvements, ensuring precision, adherence to regulations, and alignment with Abu Dhabi's building all new and existing 2D building plans will continue to be reviewed manually, with AI gradually introduced into the highlighted that the system enables over 15 government entities to access blueprints and other relevant documents, creating a unified platform for contractors, project owners, and consultants to secure certifications and permissions. Binaa also offers a comprehensive view of each project's progress, from initial design to final completion, ensuring seamless coordination at every stage.
Zawya
3 days ago
- Business
- Zawya
Abu Dhabi's DMT expected to award Musaffah road network packages in Q3
The Department of Municipalities and Transport (DMT) of Abu Dhabi is expected to award major road infrastructure packages under the Musaffah Industrial Regional Road Network Improvements project in the third quarter of 2025. The design-build tenders for Package 1 and Package 2 were issued on 11 March with a bid submission deadline of 13 June 2025. 'The contract awards are expected in August 2025,' a source aware of the details said. He said Package 1 covers the design and build of improvements along 8th Street in the Musaffah Industrial area with completion targeted for the first quarter of 2027. Package 2 involves the construction and completion of road works along the E30 corridor (IC04 to IC01 with completion scheduled by the third quarter of 2027. (Reporting by Deva Palanisamy; Editing by Anoop Menon) (
Al Etihad
3 days ago
- Business
- Al Etihad
ADIS 2025: Experts highlight Abu Dhabi's shift toward people-focused infrastructure
18 June 2025 00:15 SARA ALZAABI (ABU DHABI)Abu Dhabi has been shifting from traditional infrastructure development toward integrated, community-focused planning and smart execution, experts highlighted at the opening session of Abu Dhabi Infrastructure Summit (ADIS) emirate's infrastructure investments are guided by community needs — not just engineering goals, Dr. Saif Sultan Al Nasseri, Undersecretary at the Department of Municipalities and Transport (DMT), said during the session titled 'Abu Dhabi: The Capital of Lifestyle Development'.'We have committed Dh75 billion to long-term infrastructure investment—but what matters most is that we are shaping it around people. Our residents are co-creators of this future,' he Al-Olama, Director General of the Abu Dhabi Investment Office (ADIO), stressed that infrastructure planning is no longer about roads and bridges alone.'It is not about the next 50 years - it is about the next 20. And the next five are critical,' he said in the same session. 'Infrastructure investment is shifting toward smart health, sustainability, and AI.'Al-Olama noted that Abu Dhabi stands apart for its long-term, relational approach to development.'We do not do just projects—we build cities, communities, emotional connections.'Another panellist, Dr. Mohamed Al Zaabi, Group CEO of Miral, reflected on the evolution of Yas Island into a global entertainment hub in just 18 years.'This is only possible in a city like Abu Dhabi - safe, open, and full of opportunity,' he Al Breiki, CEO of Aldar Projects, spoke of the challenges and rewards of implementing the government's ambitious infrastructure mandate since 2020. 'At first, it was daunting. But with stakeholder alignment and private sector support, we have delivered,' he said. 'Execution requires not just hard work, but continuous coordination under a unified vision.'
Khaleej Times
3 days ago
- Business
- Khaleej Times
Abu Dhabi launches AI-powered platform to transform construction process
Abu Dhabi has launched a comprehensive new AI-powered platform, Binaa, aimed at radically streamlining the construction and permitting process across the emirate, as authorities prepare for a new wave of population-driven development. The platform developed by the Department of Municipalities and Transport (DMT), brings together all key stakeholders — project owners, consultants, contractors, and engineers — onto one smart digital ecosystem. Speaking to Khaleej Times on the sidelines of the Abu Dhabi Infrastructure Summit after launching Binaa, Maryam AlMheiri, Acting Section Head of Business Systems Development at DMT, described the new platform as 'a complete system that helps a large part of society to understand and manage the construction journey in Abu Dhabi. Whether you're building a residential villa or a commercial tower, this platform offers a 360-degree view of your project, from documentation requirements to consultant performance." Transparency and faster licencing Among its standout features is a 360-view dashboard that visualises every stage of a construction project, increasing transparency and ensuring smoother communication between entities. Another key component is the Firm Directory, a smart tool that enables project owners to compare and select consultants or contractors based on performance ratings, speed of permit approvals, and overall efficiency. 'It allows you to make informed decisions about who to hire based on data, not guesswork,' she explained. The platform also includes a virtual assistant, integrated training modules, and access to UAE construction laws — all intended to make the development process more navigable for newcomers and professionals alike. 'Previously, licencing a residential villa might have taken months. Now, it can be completed in just 10 days. We've cut 40% of the system's touch points and made many steps automatic,' she added. Smart inspection and virtual reality tools While Binaa is primarily focused on the construction and permitting journey, it is part of a wider vision to bring advanced digital tools, including AI and virtual reality, into infrastructure development. One of these tools is the Smart Inspection feature, which uses Building Information Modelling (BIM) to overlay digital plans onto the physical site in real-time. 'It allows consultants and owners to identify clashes or delays early on, making the inspection and oversight process far more efficient,' AlMheiri explained. This immersive approach not only speeds up approvals but also reduces human error, offering a glimpse into how Abu Dhabi may build smarter and faster in the years to come. A bold long-term vision Looking ahead, AlMheiri said she believes the emirate is on track to lead the region in digital infrastructure transformation. 'With the municipality's forward-thinking initiatives, I believe Abu Dhabi will be number one in the region within the next 10 years,' she said. 'Phase two of Binaa will be more advanced and complex, but we are working to make it just as efficient.' The platform is now live and accessible via the TAMM portal, using UAE Pass credentials. Once logged in, users can access all relevant project data, from licencing status to consultant interactions — ushering in a new era of smart, transparent urban development in the capital.
Business Wire
3 days ago
- Business
- Business Wire
Dwight Capital and Dwight Mortgage Trust Finance $475.5MM in May 2025
MIAMI--(BUSINESS WIRE)-- Dwight Capital and its affiliate REIT, Dwight Mortgage Trust ('DMT'), closed $475.5 million in real estate financings in May. Highlighted transactions included a bridge loan for a skilled nursing portfolio in Florida, a bridge loan for Moment Apartments in Minneapolis, and a HUD 223(f) refinance for Pointe Grand Brunswick in Georgia. DMT closed an $80 million bridge loan to facilitate the acquisition of a five-property, 518-bed skilled nursing portfolio spread throughout central Florida. In conjunction with the bridge loan, Dwight Healthcare Funding provided a $12 million working capital line of credit to support the portfolio's ongoing operational needs. This transaction was originated by Josh Sturm, Managing Director of Senior Housing and Healthcare. DMT also provided a $49 million bridge loan to refinance Moment Apartments, a newly constructed 222-unit luxury apartment community in Minneapolis, MN. The property consists of a 10-story building with 14,713 square feet of ground-floor retail space, occupied by Starbucks and New Horizon Academy. Residents enjoy premium amenities, such as a fitness center, business center, golf simulator, sauna, and swimming pool. Loan proceeds were used to retire existing debt, fund reserves, and cover transaction-related costs. This financing was originated by Vice President Daniel Malka and Jonathan Pomper for the borrower, Sherman Associates. Additionally, Dwight Capital financed a $43 million HUD 223(f) loan for Pointe Grand Brunswick, a 264-unit lakefront community in Brunswick, Georgia. Built in 2023, the property comprises eight three-story garden-style apartment buildings, exclusively featuring two-bedroom, two-bathroom units, situated on over 23 acres. Loan proceeds were used to repay existing debt, including a bridge loan from DMT, cover closing costs, and return equity accumulated since the project's initial construction. The refinance qualified for a reduced Green Mortgage Insurance Premium (MIP) to 25 basis points, due to the property's National Green Building Standard (NGBS) Bronze Level Certification. The transaction was originated by Managing Director Josh Hoffman and Jonathan Pomper for a recurring Dwight client, Hillpointe, which has successfully developed over $1 billion in multifamily housing assets. About Dwight Capital Dwight Capital LLC is a leading commercial real estate finance company in the United States, with a loan servicing portfolio exceeding $13 billion. Our services encompass a wide range of commercial lending options, including Balance-Sheet Bridge & New Construction Loans, FHA/HUD Insured Loans, C-PACE Financing, Mezzanine Financing, and Preferred Equity. For more information about Dwight Capital, please visit: About Dwight Mortgage Trust Dwight Mortgage Trust LLC ('DMT' or the 'Fund') is an actively managed real estate investment trust specializing in the origination and financing of commercial mortgages across a range of real estate asset classes. DMT works in conjunction with affiliate firm Dwight Capital to source and evaluate lending opportunities nationwide. The Fund partners with experienced sponsors on projects in major markets, focusing on investments with a clearly defined exit strategy. For more information about Dwight Mortgage Trust, please visit:
