Dubai: The digital transformation of real estate

Women’s Day Special: Tatiana Tonu, Managing Director at Object1 shares insights on Dubai’s digital transformation of real estate by Tatiana Tonu, MD, Object1 SHARE digital transformation Dubai’s real estate sector is undergoing a profound digital transformation, revolutionizing the way properties are bought, sold, and managed. From AI-driven sales strategies to blockchain-powered transactions, technology enhances efficiency, transparency, and accessibility across the industry. The UAE’s real estate market is on a strong growth trajectory, with its value estimated at approximately $704.25 bn (AED2,608.33 bn) in 2023. Projections indicate it will reach around $1,082.51 bn (AED4,009.30 bn) by 2030. The UAE government has made significant investments in this transformation, with Dubai’s Digital Strategy aiming to digitize all aspects of life in the city. As technology continues to evolve, professionals in the real estate sector are gaining access to powerful tools that streamline decision-making and operations. AI-Driven Decisions and Predictive Analytics By analysing historical data, market trends, and demographic insights, professionals can now accurately forecast investment opportunities, particularly in the off-plan property market. For instance, AI-powered tools help developers and investors navigate market fluctuations with greater confidence, enabling data-driven decision-making at an unprecedented scale. AI-Powered Market Insights and Virtual Tours AI-driven market insights […]

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