Dubai International Financial Centre (DIFC) has introduced a new API solution that allows third parties to access data on its real estate market.
This initiative aligns with Dubai’s Real Estate Sector Strategy 2033, which aims to boost transactions, attract international investors, and strengthen the city’s position as a key property investment destination.
It also supports Dubai’s broader digitalisation strategy.
Keyper, a Dubai-based proptech company, is the first to adopt the service.
The company is launching a digital platform that will provide real-time data insights on DIFC’s real estate market, offering investors, property owners, and tenants access to information on property values, rental yields, and transaction histories.
Alya Alzarouni, Chief Operating Officer at DIFC Authority, stated:
“DIFC continues to introduce initiatives that further enhance Dubai’s reputation as a global hub for technology and innovation, with an emphasis on financial services and other future-focused industries.”
The new API solution, she added, will provide proptech companies with access to DIFC’s real estate data and market trends, helping investors make more informed decisions.
Key features of the platform include real-time transaction data, property valuation insights, and rental yield analysis.
Property owners who onboard their assets with Keyper will also have access to live property valuations and transactions.
The company is exploring additional features such as predictive analytics and financial modelling tools to enhance its data offerings.
Omar Abu Innab, Co-Founder and CEO of Keyper, described the collaboration as a “transformative shift in Dubai’s proptech landscape,” emphasising the role of data transparency in supporting investor decision-making.
Dubai recently improved its ranking on JLL’s Global Real Estate Transparency Index 2024, remaining the only market in the Middle East and North Africa (MENA) in the ‘Transparent’ tier.
This reflects the effectiveness of government efforts to enhance market transparency and strengthen the real estate sector.
Featured image credit: DIFC
