Pioneering artificial intelligence company Realiste offers investors a smart solution to help them navigate the dynamic Dubai real estate market. Leveraging the power of its artificial intelligence platform "Index," Realiste provides vital insight into the top 1% of investment opportunities in Dubai's real estate market.
Dubai's property market has attracted a lot of interest from around the globe, promising attractive investment opportunities. However, the complex path from initial interest to final sales agreement often takes between two and nine months. That's where Realiste's innovative platform, Index, comes in.
By monitoring and analyzing leads and bookings, Index provides professionals in the real estate industry with valuable data to enable them to make informed decisions. The technology has been adopted by several banks and real estate companies to help them effectively monitor market trends and assess buyer behavior.
Index tracks booking progress and identifies market dynamics with a high level of accuracy by analyzing daily data from multiple sources. It further helps clients analyse large amounts of data to select the best performing properties for investment and determine the best time to enter or exit the market.
By providing a competitive advantage in market analysis and decision making, indexes outperform manual methods. It not only selects the best investment opportunities based on the available data, but also integrates other information to provide reasonable property valuations and rental forecasts.
"Our technology helps investors avoid overpriced units by providing reasonable price estimates based on available data. Our goal is to divide properties into different tiers, indicating their desirability and investment potential. In this way, we enable investors to identify the most promising investment opportunities within a given building or development, "said Alex Galtsev, founder and CEO of Realiste.
Realiste's algorithm filters out fake listings to ensure that only real, high-quality listings are displayed on the platform. The characteristics of this secondary market will provide opportunities to make advantageous purchases once public access is made.
With its diverse population and economic growth, Dubai's real estate market has been developing over the years. Dubai has positioned itself as a brand where people are looking for security, stability and low inflation, attracting capital from a volatile region. The average house price in Dubai is around $9,000 per square metre, which is undervalued compared with cities such as Singapore, London, Berlin, Madrid and Moscow.
Realiste's platform provides an effective solution for investing in the Dubai real estate market, which is expected to see significant growth over the next 3-4 years. "We expect prices to potentially double or triple in the next few years. With our AI platform, investors will have the upper hand in this promising market."
