VeriEstate, a Dubai-based app-driven property inspection company, is changing the real estate industry by offering prospective buyers and renters precise, impartial, and comprehensive property insights.
This innovative platform uncovers hidden issues, particularly in mechanical, electrical, and plumbing (MEP) systems, that often escape the naked eye, empowering individuals to make informed decisions before investing in or moving into a property.
Pioneering Technology Integration:
The brainchild of Rajab Ali Virani, CEO of Vision Tech, VeriEstate, has seamlessly integrated blockchain and cutting-edge technologies into the real estate sector.
With a dedicated team of proficient MEP engineers and inspection experts, the platform harnesses real-time information to deliver trustworthy property inspection reports.
Uncovering Hidden Issues:
VeriEstate employs advanced sensors and imaging technology to detect concealed problems that traditional, surface-level inspections might overlook.
Furthermore, the platform leverages data analytics and artificial intelligence (AI) to identify patterns and potential concerns, providing valuable insights for future property design and maintenance.
Addressing Trust Deficits:
This unique approach to property inspection addresses the trust deficit prevalent in the real estate industry.
It enhances transparency, streamlines processes, and reduces transaction delays and confusion, benefiting buyers, renters, brokers, and property owners alike.
“Snagging,” the process of identifying and rectifying minor property faults, has long frustrated both property buyers and developers.
VeriEstate’s app solves this issue by offering meticulous property inspections facilitated by cutting-edge technology and a team of experts.
Government Alignment:
VeriEstate’s vision aligns with Dubai’s reported move to revamp its official Rental Index.
The new system will consider property quality and amenities rather than factors like locality, community, and brand. This transition will further enhance VeriEstate’s role in the industry.
Beyond its immediate benefits, VeriEstate contributes to broader goals, such as ensuring compliance with green and sustainability standards and providing certifications for legal and insurance purposes.
Future Expansion:
With its interdisciplinary approach and alignment with government objectives, VeriEstate has ambitious plans. The company aims to achieve a user base of 10 million by 2025.
The platform is gearing up for its official launch in the coming weeks.