REIDIN.com launches new real estate deals and transactions data service
posted @ 12:00am, Wednesday 20 February 2008.
REIDIN.com, the world's first online information service focusing on real estate markets in emerging countries, is proud to present the latest addition to its unrivalled suite of intelligence products - DUBAIFocus.
Powered by an exclusive partnership with the Government of Dubai Real Estate Regulatory Agency (RERA) and Dubai Land Department (DLD), REIDIN.com has created an online information tool that allows subscribers to monitor all deals and transactions in the Dubai property landscape in close to real time.
DUBAIFocus delivers all property deals and transactions in Dubai registered by DLD since 1973 and updated three times per day, displayed via powerful heat maps integrated into the latest GoogleMaps technology, coupled with a range of powerful analytical tools developed by REIDIN.com's experienced in-house IT team.
CEO of REIDIN.com, Mr. Ahmet Kayhan, explains the importance of the new service:
"This level of market granularity is exactly what our clients are demanding to do business in Dubai with confidence. We have been working closely with RERA and Dubai Land Department for many months on this partnership, and our in house IT team have developed state of the art interfaces and graphical analytical tools that really give an instant visual picture of the market. DUBAIFocus will help investors, developers, consultants and all related parties involved with Dubai real estate save time and money and do their business in a more efficient way."
Upon the launch of DUBAIFocus, Mr. Marwan Bin Ghalita, CEO of RERA proclaimed:
"It is beneficial for us to partner with international industry professionals such as REIDIN.com to gain feedback and create transparency for the real estate markets. Ultimately this will help all parties involved with real estate markets in Dubai."
DATA and ANALYTICS
Subscribers have full access to the underlying data - all transactions are categorized according to transaction, property and transactor details such as transaction and property type, value, size, location, buyer/seller demographic details, mortgage provider, date, etc.
In addition, subscribers are able to make comparative analysis using online proprietary analytics and comparison tools. Results are delivered in customised charts – comparing different areas across metrics such as value, size and number of transactions and easily downloadable to spreadsheet programs like MsExcel.
HEAT MAPS
Harnessing the strength of GoogleMaps, DUBAIFocus is able to offer unprecedented visual details. Simply moving a computer curser over any particular district on the map the historical structure of transactions in that district is immediately apparent.
For further details on DUBAIFocus, Product Information Sheet can be downloaded at: www.reidin.com/Public/DUBAIFocus.pdf
About REIDIN.com
REIDIN.com is the world's first online information service providing a range of intelligence products dedicated to meeting the unique requirements of Real Estate market professionals interested in developing economies.
REIDIN.com serves Developers and Builders, Investors and Lenders, Designers, Marketing Managers, Government Institutions, Tenants and Occupants: End-users, Sellers, Buyers and Landlords, Property and Asset Managers, Lawyers… through offices in Dubai, Hong Kong, Istanbul and London.
About RERA – Real Estate Regulatory Agency
RERA, Real Estate Regulatory Authority, part of the Dubai Land Department is a nodal agency that formulates, regulates, manages and licenses various real estates related activities in Dubai. RERA was established in July 2007 by a decree of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai.
RERA envisages a transparent and effective regulatory environment in which various entities pertaining to real estate can conduct their business. As part of this vision, RERA would like to create an online community and marketplace thus enabling various categories of stakeholders to interact and transact with each other and with RERA
RERA envisages a transparent and effective regulatory environment in which various entities.
www.dubairealestatecommunity.com
For further information you can contact us:
Ms. Aya Rafiyeva
Marketing & Customer Services
REIDIN.com - Head Office
Office 11, CNN Building,
Dubai Media City, PO Box 333929
Dubai, United Arab Emirates
Tel +971 4 364 48 91
Fax +971 4 360 47 88
