Research 247 to voluntarily dissolve operations this year

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Research 247 to voluntarily dissolve operations this year
Research 247 to voluntarily dissolve operations this year

Research 247 – UAE – Award winning and Gartner featured Emirati startup – Future and crucial achievements!

Research 247 – UAE, the Emirati start-up that pioneered real-time, AI-powered property intelligence covering all seven Emirates, today announced its decision to voluntarily dissolve operations this year. The move comes as part of a strategic shift to channel the company’s expertise and resources into developing advanced artificial intelligence models dedicated to transforming the UAE’s real estate sector.

Founded in 2021, Research 247 quickly established itself as a trusted leader in property market analytics. The company’s AI-powered solutions delivered comprehensive coverage across all seven emirates, offering real-time, transparent, and data-rich insights. By combining advanced technology with deep market expertise, Research 247 set new standards for quality and accuracy in the region’s PropTech industry.

Since its inception, Research 247- UAE has been at the forefront of data-driven property market analysis. From its early days achieving widespread industry recognition to covering an unprecedented 65% of Dubai’s freehold transactions, the company rapidly expanded to deliver comprehensive analytics across every emirate. Over the years, it has earned a reputation for speed, accuracy, and reliability, enabling investors, developers, and real estate professionals to make more informed decisions in a competitive marketplace.

The company’s accomplishments include securing a position among the Top-60 Fastest-Growing MENA PropTech Start-ups, as ranked by HelloPeter, and delivering insights that set new benchmarks for market transparency. Research-247 UAE is also featured on Gartner. Its cutting-edge platforms processed and analyzed vast volumes of property data in real time, offering unmatched clarity and precision for stakeholders across the sector.

“This decision marks the beginning of an exciting new chapter for us,” said the CEO. “Our four-year mission was successful in delivering emirate-wide insights that empowered our clients and redefined the way property data is used in the UAE. We now intend to build on that foundation by developing a new generation of AI models capable of even deeper analysis, predictive accuracy, and market simulation.”

The dissolution will allow Research 247- UAE’s core team to focus on next-level machine learning innovations expected to provide unparalleled market forecasting capabilities and intelligent decision-support systems tailored to the UAE’s unique real estate landscape.

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