Dubai International Financial Centre (DIFC) has launched a new digital platform that enables third parties to access comprehensive data on the DIFC’s real estate sector. The platform represents an Application Programming Interface (API), the latest initiative launched by DIFC, and is the first of its kind and a significant step towards strengthening Dubai’s position as a global hub for technology and innovation.
The platform will contribute to achieving the objectives of the Dubai Real Estate Strategy 2033, which aims to increase the volume of transactions, attract international investors and enhance Dubai’s position as a leading destination for real estate investment. In addition, the new platform will support Dubai’s Digital Strategy, which aims to digitize all aspects of life in the city.
Kipper is the first subscriber to the new digital platform, and is in the process of launching a specialized digital platform that will provide accurate and detailed data on the real estate sector in DIFC directly to investors, property owners, tenants and the general public. For the first time, new and existing investors can evaluate real estate opportunities available within DIFC by obtaining detailed and immediate data on property values, rental yields and transaction records.
The collaboration with Keeper represents a strategic step towards adopting a modern model for managing real estate portfolios, which meets the demands of the global investment community that is increasingly dependent on data. The digital platform will provide updated market metrics, allowing users to view market indicators and real estate transactions in real time.
Global Initiatives
In this context, Alia Al Zarouni, Chief Operating Officer at DIFC, said: “DIFC continues to launch initiatives that consolidate Dubai’s position as a global hub for technology and innovation, with a focus on financial services and other future-focused sectors. By providing the new platform, companies operating in the fast-growing proptech sector will be able to access DIFC’s comprehensive data and obtain real-time market trends, which will help investors, property owners and tenants make better decisions, and contribute to consolidating Dubai’s position as an attractive destination for real estate investment.”
A qualitative leap
For his part, Omar Abu Enab, Co-Founder and CEO of Keeper, said: “This collaboration with DIFC represents a qualitative leap in the proptech landscape in Dubai. We are proud to be a pioneer in facilitating access to DIFC property data and making it accessible to all. By enhancing transparency, we support investors’ needs to make informed decisions in line with Dubai’s vision to become a leading global hub with advanced technological capabilities.”
Key Features
Real-time transaction data: The platform provides a comprehensive view of similar property transactions with a clearer picture of recent market movements, facilitating better investment decisions.
Transparent property valuations: The platform provides important insights into property values in DIFC, allowing new investors to compare and analyse valuations. Rental yield analysis: Users can view rental transactions within DIFC, providing valuable insights for those earning or looking to earn rental income.
Integrated data on Kipper for DIFC property owners: Property owners who register their assets on Kipper will have access to live property valuations and transactions, enhancing transparency and facilitating the ownership experience.
Additional Features
In addition, Kipper is exploring the possibility of adding potential future features such as predictive data analytics and advanced financial modelling tools, which will enrich DIFC’s real estate data offerings with deeper insights. By enabling access to data and enhancing transparency, Kipper and DIFC are helping to build a more informed, confident and engaged investment community at the heart of the region’s most important financial centre, as well as enabling global investors, residents and stakeholders to benefit from a more transparent, flexible and technology-enabled real estate market.