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The Technology Evolution In Real Estate Industry In Dubai

Home » Blogs » The Technology Evolution In Real Estate Industry In Dubai

The Real Estate Industry in Dubai is a significant bit of its financial ecosystem. In this digital universe, its growth potential is immense and massively unused, which signifies that real-estate businesses are these days lagging on various opportunities to expand and scale their business via digital platforms- something which is already followed by real-estate companies worldwide.

Hiring an app development company to develop real-estate apps is one of the great ways to expand the business of developers in Dubai. This will offer an efficient user experience that expands their target market; improve their sales process, and increase revenue in the industry.

This blog will cover all the parameters from the role mobile app development companies can help in the growth to the benefits of these apps to real-estate businesses.

Leading Real Estate Software Solutions For Your Business In Dubai

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The goal of real-estate app development is to mitigate the problems of the sector. An app for both Android and iOS platforms can be developed at a cost of a single platform and hence it is considered a cost-effective technique as compared to native app development. The advanced feature of AR and VR technologies which is to provide customers with 360-degree virtual tours and HD pictures is very easy to integrate. Millennials and other classes are attracted by real-estate mobile apps by offering them an alluring experience.

Confidential data is very well taken care of by real-estate app Development Companies by integrating two-way authentication and other security techniques to ensure the app’s security.

Let’s have a look at a few of the top solutions offered by real-estate mobile applications in detail.

Property Management

Real-estate mobile apps provide various advantages but the most beneficial one is that they let property owners and real-estate companies track their commercial or residential assets. The right buyer can be chosen for the properties by the users with the help of the app.

Auction Software

Using auction software you get to carry out live auctions of properties by collaborating with stakeholders, brokers, or sellers. This will also help you in generating more revenue and delight bidders with apps.

Real Estate App Development

With the real-estate app development process, you can implement excellent features that can simplify the process of buying homes online by adding virtual tour functionality, 360-degree view of properties, rent details, size, property description, and many other features they are looking forward to.

Multiple Listing Service

You can get the option of multiple listings of real-estate properties to purchase, sell, and rent residential and commercial properties. You can browse as per your choice and filter your preferences by choosing a type of property, place, or agent name.

Real Estate Valuation Engines

Tailored real-estate app solutions are designed to manage the real-estate valuation of properties. By using the mobile app users can go through the valuation of the properties and get to know the chances of an increase in valuation in the future.

Benefits of Real Estate App Development in Dubai

The Power Of Apps In Fueling The Growth

Mobile applications have played a major role in expanding and rapid growth of real estate businesses and across several industries. In this new era of real estate evolution, it is evident by the time that the future is digital even for businesses. Mobile app development brings several advantages to the real estate industry. Let’s have a look at how your real-estate business can leverage mobile app development for more profits in detail.

Enhanced Market Reach

The online platform has got a great market reach with the support of the real estate industry on a global level.

In 2018, a report by a realtor stated that around 44% of all buyers preferred online platforms for properties for sale whereas only 17% of people contacted a real estate agent.

Online platforms are performing much better because they are way more convenient as compared to conventional real estate strategies.

People by sitting at their homes can view properties for sale or rent with the help of real-estate mobile apps with updated information. These platforms are time-flexible which makes it easier for interested parties to look at any time they want to whereas real-estate agents are not so time-flexible due to fixed working hours.

You can take advantage of mobile applications to expand your market reach by working as a seller or broker in the real estate industry. By the year 2020, the digital potential of the real estate industry has reached beyond expectations. Therefore, local owners or buyers are not the only targets of real estate. Dubai is amazingly multicultural and Dubai’s financial ecosystem is getting huge support from foreign investment in properties. Thus, a mobile app could be a great help to them for expanding their horizons to reach a bigger market of potential customers.

More Transparency, More Trust

One of the major challenges for a buyer is to trust the real-estate agent’s word that the deal they are offering is worth spending your money on.

Mobile app development companies are developing real-estate apps to tackle this problem. Through these apps, users can browse numerous listings, 360-degree views of properties, rent details, size, property description, and many other features they are looking forward to without going through the trust issues with the involvement of an agent.

This process enables the entire process to be more transparent. Due to which developers in Dubai can engage with more trust and accountability with their customers.

Better Client Engagement Through Recommendations

Maintaining a long-term relationship with their clients is quite challenging for developers in Dubai.

It is very essential to engage with your target audience to build long-term relationships. But how is it possible via a mobile app? There are two significant ways of doing so, let’s discuss them in detail.

The first and foremost way is to use the app to analyze the trends in Dubai to user activity by real-estate developers. This provides them a better understanding of consumer demand, its growth, consumer behavior pattern, etc. You can serve your clients in a better way by utilizing these metrics. Therefore, by doing this you can build your brand identity that can engage more customers to your business, leaving behind your competitors. For a real-estate app for your business, you can hire a mobile app development company in Dubai to get tailored service and a strong brand identity.

Secondly, for developers in Dubai, mobile applications provide unique functionality that is capable of driving revenue to your business if you are looking forward to real estate investors and not homeowners. You can use mobile apps in various ways such as sending “Push notifications” and “recommendations” to users according to the market research and analysis.

By this, you can build a constant engagement between users and your business. You can also attract investors by showcasing real-estate listings that you are already aware of. This can lead to an increase in your revenue. Updating your target audience regarding new listings is one of the great marketing strategies; you can also provide them with special offers and new projects that can amaze them.

You can scale your business by choosing the right IT companies to excel in the industry and leave your competitors behind.

Optimized Sales Process

One of the major challenges faced by the real-estate developers in Dubai is the complexity of their sale process. It could be an exhausting process to calculate the EMIs, loans, and payments. But this problem can be solved with just a few taps on your device by using a real-estate developer’s mobile app that can automate the entire process.

This makes information available to users very quickly, speeds up the decision-making process, and makes the user experience more pleasant which can lead to an increase in the possibility of making a sale for your business.

Another great feature that comes with such types of applications is an integrated chatbot or chat support via customer service representatives which makes it easier for your clients to get the answers to all the queries 24*7.

Mobile apps are developed in such a way that they can ensure you a higher engagement rate with your audience for your business which will help you in retaining more customers for your business in the long run and drive up your sales revenue.

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Final Thoughts

The real-estate sector has gone through some revolutionary changes with evolving technologies. By hiring a real-estate app development company you can leverage an advanced and user-friendly app with the unique features implemented using the latest tools and technologies.

Echo Innovate IT is a leading mobile app development company with a successful track record of developing feature-rich real-estate apps for Android and iOS.

If you are looking forward to developing a real-estate application to boost your business, contact us now with all your business requirements. We will shortly get back to you with a detailed strategy.

Kush P

Kush Patel is the Chief Technical Officer and Managing Director of Echo Innovate IT – a software development company. He is responsible for the overall operations of the company and has played a major role in making Echo innovate IT the top-notch IT services provider and transforming it into a globally trusted web and app development company.