Home » Business » Dubai Real Estate Sales Surge: $15.1 Billion in Weekly Transactions & AI Platform Launch

Dubai Real Estate Sales Surge: $15.1 Billion in Weekly Transactions & AI Platform Launch

by Priya Shah – Business Editor

Dubai Real Estate Surges⁣ with AED 15.1 Billion in Weekly Sales

Dubai, UAE – Dubai’s real estate market demonstrated remarkable strength this week, recording‌ sales totaling AED 15.1 billion, according to recent reports. The robust figures signal continued investor confidence and demand within the emirate’s‌ property sector, building on a period of​ sustained‍ growth.

This surge in activity‌ underscores Dubai’s position⁢ as a global hub for⁢ real estate investment, attracting both ⁤domestic and international buyers. ⁤The market’s performance impacts a⁢ broad range of stakeholders,from developers and investors to ancillary industries like‍ construction and property management. Experts anticipate continued expansion, fueled by economic diversification and a favorable investment climate, with platforms ​emerging to streamline transactions and enhance clarity.

A new real estate platform is aiming to capitalize on this momentum ⁤by leveraging data analytics and artificial intelligence ⁣to optimize the​ buying and selling process. according ​to Ali Meneshpour, the platform utilizes publicly available data from official authorities and ⁣market platforms to provide a “modern operating model” driven by​ a smart system and⁢ advanced ⁢learning engine.

The platform’s capabilities include ⁣market analysis, ⁤customer journey management, personalized recommendations, inspection scheduling, and even deal negotiation – all ⁤with minimal human intervention. currently featuring properties‌ sourced from existing real‍ estate marketing platforms, the company plans to ⁣prioritize ‌building its own branded marketing channels focused on transparency and accuracy.

looking ahead, the platform intends to expand its services geographically,⁢ beginning with Abu Dhabi and⁣ other emirates within the UAE. Further expansion plans include entering foreign ​markets such as Saudi Arabia, Australia, and the United Kingdom.

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