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Increased use of advanced technologies in the real estate market of Dubai

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Real estate portal Property Finder in partnership with Smart Dubai will enhance the real estate journey of people through promoting use of advanced technologies. In fact, Smart Dubai and Property Finder have signed an agreement in order to achieve this goal.

Smart Dubai has launched the Dubai Data Private Sector Strategy and Policy with the goal of forming new data products for the necessary economic sector. In April 2019, Smart Dubai has announced its plan in partnership with Property Finder.

Younus Al Nasser, Assistant Director General of Dubai Smart City Office, has signed the Memorandum of Understanding (MoU) with Michael Lahyani, CEO of Property Finder FZ-LLC, on behalf of Smart Dubai.

He has said that Smart Dubai is going to turn Dubai into a full-fledged smart city.

Younus Al Nasser has also pointed out that with this goal in mind, Smart Dubai is committed to introducing advanced technologies in any sector in Dubai. Besides, Smart Dubai is going to redesign every aspect of people’s lives with the goal of making life easier and ensuring people’s happiness.

Moreover, he thinks of Property Finder as a true leader in the real estate market of Dubai helping Smart Dubai introduce more smart-city technology to Dubai’s people. This goal will be achieved as people can find their perfect property in Dubai with ease.

In addition, he has said that what is essential to Smart Dubai strategies is bringing the private and public sector together.

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In Al Nasser’s opinion, working together with the goal of coming up with innovative use cases is of vital importance. He pointed out that Property Finder and Smart Dubai plan to lead the Gulf region by adding advanced data technologies to the real estate sectors. This will be done through formulating data-driven plans for the future, implementing ground-breaking use cases, and developing in-depth studies in this sector.

On the other hand, Michael Lahyani has said that by utilising and coupling the various data sets from Smart Dubai, they will be able to create tools and also offer more data to the consumers. This action is highly important for the customers in order to make better-informed decisions during their real estate journey.

Therefore, the two parties will create advanced real estate data products in order to demonstrate the value from public and private sector date assets. Besides, conducting analysis as well as thought leadership projects will help attain these goals. Moreover, the agreement of Property Finder and Smart Dubai will be the sign of power of data science and also the potential that can be achieved when these teams work together.

According to what has been discussed above, Dubai will become a unique city where there is a strong relation between real estate market and the advanced technology soon. In other words, advanced technology will transform the way people find their desired properties in Dubai.

*The information above is based on the recent report of Khaleej Times website.’

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