UAE's real estate professionals to get free data intelligence
Data Finder is offering real estate professionals its insights into the current property market for a month
UAE property website Property Finder’s data and analytics platform Data Finder has revealed that the majority of average transaction prices for rental and sale searches in UAE remain below the asking prices.
According to the website's figures, statistics indicate that the rental bargains, listed among two-bedroom properties in Downtown Dubai, featured asking prices exceeding actual average transaction values by nearly $10,891 (AED40,000).
Owing to its findings, the data and analytics platform will offer its current property market insights to real estate professionals, free-of-charge, and for a one-month period.
Speaking about the platform, Property Finder’s president, Ari Kesisoglu, said: “Sharing our local market data provides a barometer of trends and market sentiment at-a-glance.
He added: "For anyone interested in buying or investing in a property, it’s extremely useful to see not only where the demand lies, but also to consider up-and-coming areas that might not have otherwise been on their radar.
"The inclusion of asking prices and transaction prices will help enable better understanding of short term pricing fluctuations – and encourage buyers to put sensible offers in.”