Unveiling the Top Rankings for 2023: Insights into Key Factors by an AI-Powered Proptech Firm

In a recent report, Realiste, a proptech firm armed with advanced AI capabilities, has revealed the top three locations for real estate investment in Dubai for the year 2023. Using its proprietary AI platform, Realiste conducted an in-depth analysis, highlighting Sobha Hartland, Dubai Harbour Part 1, and Bu Kadra Part 2 as the leading areas for real estate investment. These findings were based on the assessment of the highest average annual price growth potential in these regions.

Realiste’s AI algorithm represents a cutting-edge system with autonomous learning capabilities, enabling it to evaluate the investment appeal of real estate properties on a global scale. This algorithm takes into consideration local preferences and emulates the decision-making processes of potential buyers in specific geographic locations. A spokesperson from Realiste elaborated on the methodology, stating, “To calculate the score, our algorithm meticulously analyzes over 200 metrics, meticulously sourced from various reliable outlets. These metrics are carefully categorized into four groups, each with varying degrees of impact on the evaluation, classified as very high, high, medium, and low.” The key factors within each of these categories are illustrated in the accompanying image.