Realiste, a UAE-based AI proptech company, has released 'Index,' its latest innovative product. The AI-powered smartphone app is helping speed up the expansion of the MENA property market. The app is also helping streamline the real estate investment process in the UAE.
WHAT REALISTE’S ‘INDEX’ OFFERS:
With 'Index' users can access extensive information on top locations in a city of their interest. This includes average prices for units and per square footage. But it also includes information on rental rates, available properties, average exposure times for listings, and more. The tool also helps select the best off-plan buildings, includes ROI estimates, and anticipates appreciation rates.
'Index' also evaluates properties based on several metrics. These include the best projects for rental revenue and those expected to rise. It also allows users to filter options by cost, size, building floors, and other aspects. Also, 'index' enables the buying of off-plan properties from developers online in seconds. This is unlike current property boards, that don't offer this.
Realiste co-founder Alex Galtsev recognises the "time-consuming" nature of researching real estate investments. It can easily take up to two to three months. So, 'Index, addresses this issue by providing investors with the best property choices in seconds. Alex Galtsev also expressed his excitement upon launching 'Index'. By providing users with thorough knowledge, he conveys how real estate investors can use 'Index ' to stay ahead of their competition. This he views as a strong and unique selling point that separates 'Index' from its competitors.
'Index,' which is now under beta testing, provides statistics on Dubai's real estate market. Realiste encourages people to test the system and leave feedback to help make improvements. They also tell users to report any problems or difficulties that they encounter while testing.
WHO ARE REALISTE?
Realiste is a proptech startup using AI to produce innovative real estate investing tools. The firm's major goal is to create the market's first real estate exchange that provides in-depth information. In particular, it focuses on the most profitable possibilities. The platform also allows direct online purchases from developers and centralises the management of all bought assets.
The 2022 Future Innovation Conference also named Realiste the leading AI firm in the UAE. The organisation intends to support the MENA real estate industry. Most importantly, the company desires to enhance transparency and accessibility for global investors. Realiste argues that its AI-powered solutions will benefit all parties involved. These parties include governments, property investors, construction businesses, and banks. They will all benefit from quicker and simplified property transactions.
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