GRETI Progress Tracker
JLL Global Real Estate Transparency Index — Dubai trajectory across the six sub-indices, aligned with the IRETP platform delivery (RFP Section 2.2).
Current tier: Transparent → Highly Transparent (target 2027)
Composite GRETI score
2.14
1.08 vs 2022
Lower is better · 1.00 = perfectly transparent
Global rank (2024)
#28
↑ from #38 in 2022 (across 89 countries)
IRETP-driven lift (projected)
+1.43
post-platform, end of Phase 4 go-live
Sub-index progress (lower = better)
Sub-index contributions
Investment Performance Measurement
weight 20%
2022: 3.15
2024: 1.85
→ 1.85
IRETP lever: Real-time price/sqft index, rental-yield heatmaps, 10-year transaction history.
Market Fundamentals & Data Availability
weight 20%
2022: 3.02
2024: 1.75
→ 1.75
IRETP lever: Open Data API, Excel/CSV/PDF/JSON exports, zone + period filters.
Transaction Process Transparency
weight 15%
2022: 2.87
2024: 1.65
→ 1.65
IRETP lever: Searchable full transaction registry (sales / gifts / mortgages / auctions).
Governance of Listed Vehicles
weight 15%
2022: 3.45
2024: 3.45
→ 1.95
IRETP lever: Public Developer Scorecard + Internal Developer Rating.
Technology & AI Integration
weight 15%
2022: 3.30
2024: 1.45
→ 1.45
IRETP lever: RAG-grounded AI Agent, Slice & Dice analytics, in-chat dashboards.
Sustainability / ESG
weight 15%
2022: 3.62
2024: 2.94
→ 2.10
IRETP lever: LEED/Estidama Pearl data layer on GIS map + International benchmarking.
Composite score trajectory
Gap bridge to 'Highly Transparent' tier
| Sub-index | Gap (2024 → target) | Delivery phase | Status |
|---|---|---|---|
| Investment Performance Measurement | 0.00 | Phase 1 | Delivered — 100% |
| Market Fundamentals & Data Availability | 0.00 | Phase 1 | Delivered — 100% |
| Transaction Process Transparency | 0.00 | Phase 1 | Delivered — 100% |
| Governance of Listed Vehicles | 1.50 | Phase 3 | Upcoming — 0% |
| Technology & AI Integration | 0.00 | Phase 1 onward | Delivered — 100% |
| Sustainability / ESG | 0.84 | Phase 4 | Upcoming — 45% |