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Real estate market of UAE has got a new lifter with the launching of new Jucica Brown, AI Real Estate Consultant on social media. By the end of the third week of broadcasting on such unknown for ordinary people application as Telegram, Jucica Brown, the initiator of Dubai-based global real property consultancy Realiste, closed $30m worth of property deals.
It can therefore, be said that AI driven photo identification through Jucica Brown has had rapid uptake in real estate especially in UAE. Most of her interactions are online on social media, she has influenced many people and has accumulated 100k followers on Instagram. Most people discuss her posts directly without being aware that they are dealing with an artificial intelligence, which underlines the extent to which technology is now an everyday staple in people’s lives.
In an interview with Alex Galt, the founder and CEO of Realiste, AI does not equate to a mere instrument but a revolution on real estate. “From the perspective of AI, it brings professional advice with unbelievable convenience, and the disqualified population can now get good real estate information,” Galt said. This, according to him, will revolutionize the process of acquiring property by bringing into it features of detail and accuracy not seen with the conventional approach.
The AI from Jucica Brown works based on the Realiste platform that contains more than 100 cities’ real estate information. This huge pool of information enables her offer details market data, accurate project forecasts and refer clients to legal consultants for contract signing. In fact, she has sat for all broker certification exams and thus has the right skills in legal aspects of the real estate businesses.
The emergence of this AI consultant is well-timed as AI is gradually penetrating the real estate industry of UAE and the world at large. A survey conducted recently showed that as much as 75 per cent of real estate brokerages in the US are currently using AI trends and the Middle East’s AI market is projected to amount to $320 billion by 2030, with the UAE and KSA in the forefront.
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