Dubai-based proptech startup VeriEstate will raise the benchmark real estate landscape with its all-in-one property assessment platform. Being registered within DIFC’s Innovation Hub, which is the largest in the region, VeriEstate aims to redefine how real estate transactions happen, bringing more transparency and further advanced technology.
PC: APN News
A New Benchmark in Real Estate Inspections
Headed by its CEO Rajab Ali Virani, VeriEstate is on the road to becoming one of the largest aggregators in property inspection services by bringing together the inspection companies as one entity to prospective buyers and renters. The platform will deliver comprehensive and completely transparent property assessment using AI, blockchain, and data analytics integration. VeriEstate is covering the most critical market gaps, particularly in its Mechanical, Electrical, and Plumbing (MEP) systems. Reports from the platform, built upon a rigorous 110-point inspection, come with official credentials to become a reliable resource for buyers, renters, brokers, property owners, and holiday homes.
Innovative Property Search and Integration Features
VeriEstate has an innovative search property module integrated onto its platform that brings together listings on one site, sourced from the multiple real estate websites, through which a client can browse through various properties across Dubai.
By having such integration working, the companies and the agents dealing with property can have all the property images from their listings be automatically displayed on VeriEstate, saving them time under the redundant upload process of images and streamlining their listing procedure.
B2C and B2B Solutions
VeriEstate solutions cater to both B2C and B2B customers. For private consumers, it is somewhat a service similar to a platform for booking hotels, through which the user accesses the choices of companies offering examination according to requirements and budgets, clearly articulating the fee points according to per square foot and appraisals. On the B2B side, VeriEstate turns into an aggregator for inspection firms, consultants, and MEP corporations to make sure it attains efficiency and operational stringency. What is more, VeriEstate functions as a venue aggregator for properties, thus enables a complete and unified industry environment.
Strategic Partnerships and Market Position
The company is yet to enter collaborations with the biggest of these inspection companies, such as GTA Inspectors and The Snag Master, but it is currently in the process of negotiating exclusive contracts with major developers that will name them the sole inspection hand. All these collaborations build VeriEstate not just further but as the top inspection service provider, and these are setting the pace for the industry.
Enabling Innovations in Real Estate Dubai
The launch of VeriEstate is timely and corresponds with the emerging prop-tech landscape in the real estate sector in Dubai, where initiatives such as #REES by Dubai Land Department are set to take the sector forward. VeriEstate looks forward to gaining substantial market presence in its bid to at least attract 10M users by 2026.
Founded by tech entrepreneur Rajab Ali Virani, VeriEstate is harnessing the power of blockchain, AI, and data analytics to conduct detailed property inspections and get to the bottom of latent issues in the MEP systems. VeriEstate improves trust and transparency, in what’s considered for most the largest transaction of their lives, through a seamless, end-to-end suite of inspection services unified with the platform owners, renters, and professionals alike.
