Realiste, a prominent artificial intelligence company in the UAE, has launched a new feature on its flagship product ‘Index’, which aims to simplify real estate investing in the MENA region. The feature enables real estate investors to identify the best developers in Dubai in terms of rental yield and investment returns.
The platform provides information on the top three and top ten developers in Dubai and ranks construction companies based on six possible options. These include price growth forecasts for one, two and three years, rental yield, square feet price and number of units. Moreover, the platform offers a map to view the areas where developers are building their projects and access data on the surrounding districts.
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Co-founder of Realiste, Alex Galtsev, says, “Using this tool, now you can see that Nakheel has the best price-to-property ratio for rental income among all developers. Within one click, users can identify areas where the developers are building their projects, check how many units they are undertaking and compare this data with that of other developers”.
