The real estate sector of the VAE has always been an outperformer, substantial growth year A, Apter Year exhibition. There will be no different in the coming years. Small miracle than the proptech segment, an emerging segment in the real estate sector, is also on the right. The rapid acceptance of real estate technology does not come as a surprise in a country where all stakeholders, the real estate sector, technology companies, buyers and sellers innovation and advanced technology, embraced.
What makes the VAE so received from Proptech?
With global and domestic investors and buyers who are a sharp interest in property, both residential and commercial, it is obvious that they are looking for ways and resources to make their purchase journey as easy and safe as positive. Proptech enables them to reduce the time needed to look for a home, to evaluate, to admit their owners, initiate the payment process, and so on.
It all starts exactly at the level of the Enquito. With a simple visit to a website, Protech offers a much more satisfactory process, in which potential buyers are submitted to use artificial intelligence (AI) -separate services and virtual reality tours to filter out many properties and narrow than a potential FEM. It also enables them to report problems and to gain a better insight into rental payments.
Proptech is no less useful for buyers. With a click on the button, they can get all the information they need about the latest real estate developments, changes in rules and regulations, salts that take place in other regions, data on properties offered, and therefore Fortch. The convergence of various technologies, such as auxiliary bots and cloud computing, stimulates digital transformion on a massive scale, making the real estate sector a large boost.
Proptech has even shown results in the VAE: increased efficient, personalized real estate management, reduction in the costs involved in transactions and tangible savings. Everyone stands to get something through the use of technology on the real estate market.
Expansion of the proptech market
The POPTech market of the VAE can be categorized on the basis of solutions, applications, implementation, end users and geography. It offers numerous benefits, such as the search for real estate, business intelligence, data -driven portfolio, facity and asset management, efficient enterprise resource planning and the like. All -See are on the basis of reasons to start a Propetch company in the VAE, let it invest in it alone.
Consider the data: Proptech startups in the VAE have collected more than $ 100 million in financing over the past five years. During the Pandemic period alone, so much $ 16 million was investigated in Proptech companies.
From all the instructions it will only get better in the coming years. The VAE is already the home base of more than 55% of the approximately 200 proptech startups in the Mena region. These figures will grow rapidly as more and more companies enter the sector, which probably gets its robust ecosystem.
Add here a progressive government that understands the need for digital transformion, technically skilled inhabitants and buyers and sellers who are always looking for innovative solutions to easily make easy, and you have every reasons to expose the UAE proptech market.
https://www.zawya.com/en/Press-release/research-and-studies/proptechcompanies too-
