19 February 2008
REIDIN.com launches new real estate deals and transactions data service
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