Tuesday, January 14, 2020

Smart Dubai to promote use of advanced technologies in real estate Dubai

Smart Dubai has signed a partnership agreement with real estate portal Property Finder to promote the use of advanced technologies to enhance people's real estate journey Smart Dubai first announced plans to partner with Property Finder in April 2019 as it launched the Dubai Data Private Sector Strategy and Policy, with the objective of creating new data products for the vital economic sector. Younus Al Nasser, Assistant Director General of Dubai Smart City Office, signed the Memorandum of Understanding (MoU) on behalf of Smart Dubai, with Michael Lahyani, CEO of Property Finder FZ-LLC "Smart Dubai has a mandate to transform Dubai into a full-fledged smart city," said Younus Al Nasser. "With that in mind, we have committed ourselves to introducing advanced technologies into every sector and redesigning every aspect of people's lives to make it easier and ensure their happiness. This agreement we are signing with
Property Finder - a true leader in the real estate industry - will help bring more smart-city technology to the people of Dubai as they go about finding their perfect home in the city." "Bringing the public and private sectors together is essential to our strategies," Younus Al Nasser continued. "It is crucial that we all work together to come up with innovative use cases for the city data we are compiling. By bringing advanced data technologies into the real estate sectors, Smart Dubai and Property Finder look forward to leading the region in terms of real estate, developing in-depth studies, formulating data-driven plans for the future, and implementing ground-breaking use cases." For his part, Michael Lahyani, said: "By utilising the various data sets from Smart Dubai and coupling them with our rich data sets, we will be able to create tools and offer more data to the consumers, which is needed to make better informed decisions during their real estate journey." The MoU stipulates that the two parties will work together to demonstrate the value from public and private sector data assets, by creating advanced real estate data products, in addition to conducting analysis and thought leadership projects. Furthermore, the agreement seeks to showcase the power of data science and the potential that can be achieved when cross-sector data teams work together. Mr. Mahmood Shaikhani said, Dubai is the most affordable place for real estate, it is not a negative or lowest market, There are number of different schemes and low charges from government UAE which holds the prices and create attraction for the investors and buyers Dubai„s projects are more reliable and easy to invest as compare to other countries, Shaikhani said. Furthermore, he said we have a different types of project in different areas because every customer have a different view and
opinions, after looking at the behavior of customers we have invest more than 200 million dirham in few years. We are getting a really good positive feedback and best ROI on our investment, due to the government policies and infrastructure Soon they are going to finish their recent projects; Champions Tower 3 and Gardenia both are on their ending stages. Gardenia is buildup for the luxury, this is not a normal luxury, and these facilities you will find in 5 start hotels. Everything would be really worth it. Mr. Ahmed Shaikhani explained they do have some customer who are not willing to buy a property in UAE because of their kids, but it is been solved. It would be really fruitful for those people who are willing to invest in Dubai. They can get properties on very good prices. Shaikhani group has been working as real estate developers since more than three decades. They have invested millions of dirhams; they believe Dubai is the best place to live. Dubai has no issue regarding security. It was a desert before but now it is the place where human loves to live in. Shaikhani group is really thankful to HH Sheikh Mohammed bin Rashid Al Maktoum For the making Dubai best in everything.
https://www.khaleejtimes.com/smart-dubai-to-promote-use-of-advanced-technologies-in-real-estate

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