Category: Technology

Dubai keeps expanding and implementing the newest technology in every industry. The UAE is aware of the opportunities that the tech sector can offer the real estate sector. Prop Tech has already begun to change how business is done and how it is governed. More regional and international investors have effectively been enticed to focus their attention and resources on this industry. This is not unexpected, though, as Prop Tech has increased the accessibility, efficiency, and openness of all transactions required for the investment process. You only need to continue reading to find out more information.

What is Prop Tech?

PropTech is a term used to describe the use of technology to advance real estate investing processes. A. I. blockchain, virtual reality, and the World Wide Web of Things (IoT) are just a few of the technologies mentioned. Dubai has been successful in revolutionizing this industry and its laws through the use of PropTech’s technologies.

The adoption of the blockchain method is one example of how PropTech has altered the real estate industry.

The Dubai Land Department has so far implemented blockchain in three sectors of the real estate division. Which are:

• Developer sales of real estate in the DLD mobile application Ownership verification Smart leasing

The government of Dubai has resorted to this technology in this sector to achieve several goals:

• The blockchain strategy makes it possible to eliminate the possibility of reproducibility from digital assets.
• This will create digital assets that are trusted by all those involved.
• With blockchain, property transactions can be recorded from start to finish, providing all participants with shared, immutable, and transparent data.
• Paper documentation can be replaced with digital records, which helps in saving time and reduce clutter.

Integrating required stakeholders through the blockchain network increases operational efficiency by eliminating manual processes.

By utilizing artificial intelligence

Artificial intelligence will inevitably have an impact on Dubai’s real estate market.

• In order to significantly increase customer satisfaction and reduce the workload on personnel, chatbots are employed to respond to inquiries and questions and to offer feedback.
• Massive amounts of data are also analyzed using AI to spot patterns and trends in the real estate industry. This aids in the educated costs, investment, and development choices made by real estate corporations.
• Investors can sell at the best time because AI can predict a property’s value movement for the upcoming year.

AI enables investors to examine property valuations in as short as ten seconds, reducing the likelihood of overpaying or underselling.

Virtual Reality User Experience Improvement

• Another development that has contributed to the success of Dubai’s real estate market is virtual reality.
• Customers can easily take a virtual tour of the property they wish to buy online without having to be located in the city.
• The targeted audience has grown significantly as a result, encouraging more people to make investments in the industry.

More people are tempted to make investments in the field since they may save time and avoid making in-person visits.

Making use of the World Wide Web of Things

• The Internet of Things (IoT) is being used by the real estate sector to improve the effectiveness of property management:
• Today, commodities like electricity, water, and gas may be monitored and controlled by intelligent sensors and meters.
• Property managers can find inefficiencies and save expenditures, thereby saving money.
• Building security is improved with smart locks and access control systems, which also have mobile apps for simple control.
• Property managers can focus on other essential tasks with IoT devices while the devices monitor and control utilities.
• IoT devices can help save energy and reduce environmental impact by identifying wasteful usage and reducing consumption.

The REST platform is presented.

Since the Dubai Land Department (DLD) introduced the “Real Estate Self-Transaction” platform, also known as REST, the real estate industry has undergone a significant improvement. Real estate investors may now do all of their business electronically without ever leaving their homes thanks to this platform. The platform has also sped up the purchasing and selling of real estate, cutting down on the time and expenses involved in conventional business.

In summary

The Dubai administration is aware of the value of the real estate industry to the local economy. As a result, it has done everything in its power to enhance it and entice more people to make investments in this sector. The use of technology has improved the experience for both buyers and sellers. Have you ever considered making an investment in real estate? Why? Comment here and share your ideas with us. As always, we look forward to hearing from all of you.

Here is a list of top 10 mobile apps to download in Dubai.

1. The mParking
   You don’t have any spare coins with you. Then, all you have to do to pay for parking with your phone is send a text message to 7275. The format is really straightforward: first enter the number from your license plate, then the number from your parking zone, and finally the amount of hours required. A message of confirmation is returned to you nearly instantly, and 15 minutes before the end of your payment period, a message of renewal is given to you.

This service only requires a single online application, which can be a hassle, but after that, it’s a remarkably simple tool to use.

2. UAE Businessman
This is a classified app for smartphones that allows users to purchase, sell, and search for items that are posted, such as vehicles, real estate, and furniture. Downloading the app and signing up are both free. You can publish as many ads and photos as you like, and posting products is a quick and clear process.

3. DHA
The Dubai Health Authority’s (DHA) free app lets you look up and reserve a doctor’s appointment as part of the “m-government” program, which was recently introduced to make additional government services accessible on smartphones.
Customers can access lab results and appointments while using this app, which also lists DHA locations on a map and provides driving instructions to the clinic.

4. Fitlov

A fitness platform located in Dubai called FITLOV assists consumers in locating the top personal trainers and creating custom workout and diet regimens with them. The personal trainer will take you through planned workouts while visiting your selected location or even setting up a live streamed session. The goal tracking is the most crucial component because it allows you to constantly assess your progress and makes use of the personal trainers. Fitlov’s fitness trainers are skilled in a wide range of activities, from yoga to weightlifting, and you may select from a number of packages to best meet your goals.

5. DEWA
DEWA has launched an app through which you can check and settle utility bills in Dubai, and it is accessible on iOS, BlackBerry, and Android operating systems. You can also use the app to record a complaint with a GPS location and, if necessary, send an immediate photo of the issue. Additionally, it offers you advice on how to reduce your use of electricity and lists the locations and phone numbers of the customer support offices.

6. Salik Battery
You may easily and conveniently recharge your SALIK account using this straightforward application. For the first time, just input your user name and PIN. Then, just enter the scratch card number to continue using the app. You can simply keep track of your Salik balance, as well as the moment, day, and location where Salik gates were traversed.

7.Dubai Police
You may see the most recent news from Dubai Police and find the closest police station to you by quickly clicking on the emblem. On this app, the traffic fines and black points are also shown. The only drawback is that there isn’t a payment option currently, but you are able to pay them online.

8.RTA Dubai
You can get in touch with the RTA immediately through this service using a mobile device. This app, that offers information on the location of the closest service center and metro or bus station, is quite helpful. Additionally, it makes it easier to use the mParking Service and enables you to book a cab just by stating your location and name. For NoL cards, the fare calculation is presented.

9. Maps on Google
All Gulf smartphone users depend on Google Maps as their primary GPS system. Finding places and learning about new places has never been simpler thanks to audio prompts, route alternatives, and predicted ETAs.

10. UAE Yellow Pages
The most popular directory in the United Arab Emirates is Yellow Pages. Look up company discusses, phone numbers, fax numbers, websites, emails, and advertisements. With over 1,300 categories and frequently updated listings, Etisalat Yellow Pages is now available at your fingertips. The user-friendly layout of this iPhone app allows you to store items directly to your contact list.

The largest economy in South Asia will benefit from an additional $15 billion in investments from the world’s biggest e-commerce giant over the next seven years.

As the e-commerce giant strengthens its commitment to one of the largest technological marketplaces in the world, Amazon will more than double its investment in India to $26 billion by 2030, according to its chief executive.

Andy Jassy announced on Friday during his conversation with Indian Prime Minister Narendra Modi that the largest e-commerce firm in the world will invest an additional $15 billion over the following seven years – in addition to an original $11 billion – to improve numerous sectors in South Asia’s largest economy.

While in Washington, Mr. Modi met with key officials and business executives to promote India’s industrial and economic prospects.

According to Mr. Jessy on Twitter, the “productive meeting” covered “Amazon’s commitment to invest $26 billion in India by 2030; collaborating on how we will support start-ups, create jobs, enable exports, and empower people as well as small enterprises to compete globally”.

Seattle-based Regarding this, Amazon has not made any public statements.

India is a technological hub, where businesspeople profit from an estimated population of more than 1.4 billion people who depend on sophisticated digital services every day.

To take benefit of the prospects India offers, many technology businesses have established offices there.

According to figures from the India Brand Equity Foundation, India’s exports of manufacturing in fiscal year 2022 reached a record-breaking $418 billion, an increase of more than 40% over the $90 billion recorded in the prior year.According to the IBEF, New Delhi anticipates that the electronics manufacturing sector would be worth $300 billion by 2030.

Apple built its first retail locations in the nation in April, aiming to capitalize on a retail sector with significant room for expansion and a strong industrial sector.

That comes after Apple began producing the iPhone 14 in Chennai, moving a portion of its production there from China and giving the Modi administration’s Make in India drive a boost.

Earlier this year, US retailer Walmart, Amazon’s main rival in India, stated that it will invest $2.5 billion in the country to take advantage of the burgeoning retail and e-commerce industries there.

In a meeting with Prime Minister Modi earlier this month, Sam Altman, the CEO of OpenAI, the company that developed ChatGPT, expressed his confidence that artificial intelligence will play a significant role in India’s technology and economic sectors.

Sundar Pichai, the CEO of Google, announced in a separate statement on Friday that the business will build a worldwide FinTech hub in Gujarat International Finance Tec-City.

With 272,732 companies recognized by the government of India’s Startup India initiative, startups are also a significant contributor to the nation’s technological engine.

In order to accommodate rising customer demand for cloud services, Amazon Web Services, the firm’s cloud computing division, announced in May that it would invest $12.7 billion in cloud infrastructure in India by 2030.

The investment, which is expected to boost India’s GDP by $23.3 billion by 2030, is a continuation of AWS’s previous $3.7 billion investment between 2016 and 2022, bringing the US company’s overall investment in India to $16.4 billion by that time.

Along with increasing its investments in renewable energy, Amazon added 71 new renewable energy projects to its portfolio in September, including the company’s initial solar farm in India.

Mr. Modi’s trip to Washington was successful since it led to several investment agreements. One of these commitments comes from US semiconductor maker Micron, which stated that it will spend up to $825 million to set up its first assembly facility in the nation.

A prosperous location driven by technology

The Middle East is trying to lessen its reliance on petrochemical-based earnings as “oil shock” — the significant hole left in Gulf state finances by falling oil revenues — has become a bitter reality. Recently, technology-driven projects have increased in Dubai. Digital technology is leading the way in developing new sources of income.

Growing investment and startup activity

The emirate is concentrating on luring foreign investment from the tech industry. In 2016, startup investments in the UAE exceeded $1 billion, and since the creation of Dubai Internet City, companies there have received over $2 billion in investment, with money going to companies that specialize in robotics, IoT, big data, cyber security, and AI.

Careem, a ride-hailing start-up with headquarters in Dubai, has achieved significant success and, in December 2016, joined the exclusive “Unicorn Club” of billion-dollar startups. It has received finance totaling $71 million, which has enabled it to expand into 26 locations throughout the Middle East, North Africa, and Pakistan.

E-tailer Souq.com is another Dubai success story. In 2017, Amazon acquired the business for an estimated $800 million, making it Dubai’s first high-profile technology startup purchase.

Transforming Dubai into a smart city to live and work in

Dubai has been setting the pace in the development of smart cities, employing tactics that digitize public services and redesign infrastructure generally in order to enhance quality of life, access to data, efficiency, and sustainability. In order to become the smartest city in the world, Dubai announced the Smart Dubai initiative in March 2014. The effort has six main focuses: the economy, environment, people, mobility, living, and government.

Dubai has made significant investments in technology-based healthcare as part of its smart city initiative. By 2020, the healthcare market in the United Arab Emirates (UAE) will be worth about $20 billion overall, and Dubai has emerged as a major hub for medical travel. The emirate also enacted a law requiring health insurance in 2014, and it employs IoT and cloud platforms to manage patient data and perform data analysis. The construction of two specific industrial free zones, Dubai Healthcare City and Dubai Biotechnology and Research Park, demonstrates a commitment to healthcare and medical research.

Dubai won numerous prizes in a variety of categories, include innovative living, smart security for the public, smarter health, intelligent transportation, a sustainable environment, and smart utilities, at the first-ever IDC Smart City Middle East Awards in April 2018. All of these activities are a part of the overarching plan to keep attracting talented, professional employees from all over the world and to keep making Dubai a more desirable destination to live and work.

Goals for the future

The expansion of business accelerators and incubators like Turn8, ImpactHub, Astrolabs Dubai, and In5 is at the heart of the effort to make Dubai the next Silicon Valley. Dubai Internet City, the emirate’s chosen technology and innovation zone, plans to host 10 percent more new businesses in 2018 and beyond.

Additionally, the internet behemoth Cisco recently showed its faith in Dubai by opening an Innovation and Experience Centre, and other projects are heavily tech-focused. By 2020, the emirate hopes to build “the first blockchain-powered government in the world” and establish itself as “the world’s 3D printing hub.” The Dubai Roads and Transport Administration has set a goal for the percentage of driverless automobile trips made in Dubai by 2030.

The ruler of Dubai and prime minister of the United Arab Emirates, Sheikh Mohammad Bin Rashid Al Maktoum, has previously stated that he views technology as a facilitator rather than as a primary objective and that digital innovation will support his goal of making Dubai the happiest city on Earth.

The alliance will look into possibilities for designing and producing parts for electric and self-driving cars in the emirate.

The Abu Dhabi Department of Economy and Economic Development and Egypt’s Valeo have reached a preliminary agreement that aims to develop the mobility business and support sustainability initiatives in the UAE capital.

The department revealed on Friday that Valeo will be able to design and manufacture components for electric and self-driving automobiles in the emirate as a result of the agreement.

It aims to help the neighborhood’s start-up electric vehicle industry and the community that produces industrial solutions in addition to enlarging existing development zones.

According to Mr. Al Blooshi, the project is in line with the Abu Dhabi Industrial Strategy, which aims to strengthen the emirate’s position as the most competitive industrial hub in the region.

In accordance with our aspirations to make sure that development, sustainability, and cutting-edge technologies work hand in hand in all sectors of our socioeconomic development, this cooperation to create smart mobility and establish a technological center for electric, autonomous automobile components in Abu Dhabi.

Smart mobility is the process of creating efficient, sustainable, and user-focused transportation systems using cutting-edge technology and based on data tactics.

The global smart mobility industry will increase at an average yearly growth rate of more than 21%, from $48.54 billion in 2022 to about $404 billion by 2032, according to data from Spherical Insights & Consulting.

According to a forecast by Mordor Intelligence, the global market for autonomous vehicles would increase from $33.48 billion this year to $93.3 billion by 2028, or a CAGR of over 23%.

As part of its initiatives to promote and incorporate sustainability measures into society as well as the economy, the UAE has tried to become a leader in smart mobility systems.

Several programs have been launched to develop autonomous services. Abu Dhabi and Dubai are “well positioned” to be at the cutting edge of the transition to fully developed smart cities thanks to this pillar.

On Yas Island, operated by TXAI, Abu Dhabi has its own fleet of autonomous taxis. TXAI offered a driverless bus service for spectator transportation during the Etihad Airways Abu Dhabi Grand Prix in November of last year.The emirate is also pressing forward with testing programs for drone deliveries.

Dubai debuted its first autonomous taxis at Gitex Global the previous year. These vehicles would be made available “in limited numbers” starting in 2023.

Dubai planned a fleet of five electric vehicles in April to help with this effort, and by 2030, it hopes to have 4,000 autonomous taxis operating there.

The first autonomous truck experiments in the UAE will be carried out thanks to a cooperation formed in December between Evocargo and Dubai South, an urban master developer focused on aviation and logistics in the emirate.

The Abu Dhabi Industrial Strategy intends to more than quadruple the size of the manufacturing industry to Dh172 billion, generate 13,600 skilled jobs, and increase non-oil exports by 143% to Dh178.8 billion by 2031. The emirate has set a capital investment goal of Dh10 billion ($2.72 billion).

Six transformative programs, including circular economy, Industry 4.0, talent development, ecosystems enablement, homegrown supply chain, and value chain development, will serve as its foundation. These programmes are all geared toward fostering growth and innovation, enhancing skills, and supporting local manufacturing.

In addition to having a foothold in Abu Dhabi, the relationship will give Valeo access to the region’s technological know-how, according to Mr. Aly.

According to him, Valeo will be able to impart its knowledge “to the highly technological and technologically advanced societies in Abu Dhabi.”

From February 27 to March 2, 2023, Samsung Electronics Co., Ltd. will exhibit its most recent goods and services at Mobile World Congress (MWC) in Barcelona, Spain, featuring the Galaxy S23 Ultra and Galaxy Book3 Ultra. Through immersive and engaging exhibitions, viewers to the Samsung exhibit will get a close-up look at the most recent Samsung Galaxy innovations.

“At Samsung, we believe that the next phase of Galaxy innovation depends on sustainability commitment and open collaboration with partners,” stated by TM Roh, “At MWC this year, we’re excited to showcase how our latest lineups, featuring the Galaxy S23 Ultra and Galaxy Book3 Ultra, exemplify Samsung’s strategy for enabling new possibilities that enhance our daily lives.”

Epic Moments Using Strong Products and Services
With the help of its ecosystem of goods and services, Samsung’s most recent innovations are further elevating the benchmark for high-end mobile experiences. Samsung is exhibiting how the Galaxy S23 series, which has epic content-capturing and creation experiences as well as a more environmentally friendly design, symbolizes its dedication to industry-leading innovation at MWC 2023.

Users of the Galaxy S23 series have more creative flexibility because to the sophisticated camera technology, which enables them to take photographs and films that are genuinely cinematic. The Galaxy S23 Ultra’s brand-new camera features, featuring Nightography capabilities in a low-light, 200MP Adaptive Pixel sensor for shots with stunning details and enhanced portrait photos with an AI Stereo Depth Map, are available for testing by visitors to the booth. Gamers and producers can take advantage of the quickest and most effective performance yet offered by Galaxy with the Galaxy S23 series. Visitors can test out the Galaxy S23 Ultra’s strong gaming capabilities at the booth by playing racing games.

The linked experience with the enlarged Galaxy ecosystem is the innovative engine behind the Samsung Galaxy Ultra. With the brand-new Galaxy Book3 Ultra, which allows quick and effortless navigation among different devices, screens, and operating systems, visitors may discover seamless phone to PC integrated features. Attendees at MWC may also learn more about Samsung’s services by viewing demos of Samsung Wallet, SmartThings, and sleep training with Samsung Health on the Galaxy Watch5. Additionally, with One UI 5.1, they can investigate the numerous personalization options and privacy features offered by Galaxy smartphones.

The beautiful design of the Galaxy S23 series houses all the new industry-defining technology that advance Samsung’s commitment to sustainability. The Galaxy S23 series has been constructed with endurance and repairability, making it trustworthy for years to come. It also uses recycled resources in more device components than any other previous Galaxy smartphone. Visitors may discover more about Samsung’s renewed dedication to the idea of “Everyday Sustainability” at the booth, where they can also view an immersive art installation made of numerous generations of repurposed S series devices.

Samsung Integrations Throughout MWC in Partnership
To provide its consumers with the finest experiences possible, Samsung believe in open communication and collaborating with partners who are at the top of their fields. This strategy will allow visitors to locate Samsung across this year’s MWC at numerous partner booths. Visitors can learn about the eco-friendly materials used in the Galaxy S23 series there (between Halls 2 and 3), personalize the sound notifications on the newest Galaxy smartphones there, and even take photos directly from the Galaxy Watch5 on display. The crystal-clear and vibrant Dynamic AMOLED 2X Display utilized in the Galaxy Book3 series is also available for visitors to view first-hand.

With advertising for the Galaxy S23 series, Galaxy Book3 series, and Galaxy family of devices in prominent locations at Fira Barcelona Gran Via, such as the mega billboard, main entrance, exterior flag poles, and hanging banners, Samsung will be fully on display to celebrate the launch of its newest products.

In a recent study, EMEA IT leaders were the most unsure about their infrastructure’s capacity to meet AI needs.

AE If they want to stay competitive, IT leaders cannot afford to overlook the rapid development of artificial intelligence (AI).

A startling 77 percent of IT leaders in the UAE feel their current IT infrastructure is capable of meeting the demands of the most modern technologies, according to a new Equinix survey.

In terms of adoption of AI across many industries, the UAE is emerging as a leader, outpacing other nations in terms of readiness.

The study, which examined the viewpoints of IT professionals on AI developments within their organizations, comes on the heels of a year that saw tremendous improvements in AI implementation in both the business-to-business and business-to-consumer sectors.

In order to power modern enterprises with intelligent and autonomous technologies, Kaladhar Voruganti, Senior Technologist at Equinix, emphasizes the need of incorporating AI into organizations worldwide. Voruganti cautions that people who miss the opportunity to benefit from AI run the risk of falling behind.

According to Equinix’s global survey of 2,900 IT decision-makers, adoption of AI is on the rise in all business sectors. A startling 85% of respondents worldwide said they intended to take advantage of AI’s benefits, with many having already used it or preparing to do so for a number of crucial tasks.

The UAE has the highest usage or projected implementation of AI in IT operations (97%) and the lowest rates in cybersecurity (95%) and sales (95%) respectively.

For the effective creation of precise AI models, Voruganti emphasizes the significance of secure and quick access to both internal and external data sources dispersed over numerous clouds and data brokers. In order to increase speed, privacy, and cost-efficiency, he emphasizes that AI processing must move to the edge as more data is generated there.

Tech executives can think about hybrid solutions that let AI model learning and inference take place in diverse places in order to satisfy these objectives. Scalable AI solutions also call for careful IT framework planning to support the ingest, sharing, storage, and processing of enormous and varied information while putting sustainability first.

In comparison to the global average, Kamel Al-Tawil, Managing Director at Equinix MENA, notes that UAE firms exhibit a higher level of comfort in adjusting to the expanding use of AI. Al-Tawil credits the visionary leadership in the nation, which announced its Intelligent Systems Strategy in 2017 with the objective of being the global leader in AI by 2031, with this accomplishment.

With 49 percent of them voicing concerns, IT leaders in the EMEA region are the most unsure about their infrastructure’s capacity to meet AI’s requirements. Leaders in the Americas indicate the lowest amount of uncertainty, at 32%, while those in the Asia-Pacific area exhibit the highest level, at 44%.

The poll emphasizes the requirement for education and collaboration to enable IT teams in optimizing the deployment of such infrastructure in addition to the necessity to update digital infrastructure. 52 percent of companies who are growing their IT teams are actively looking for AI and machine learning specialists.

Overall, the study highlights how crucial it is for IT leaders in the UAE and elsewhere to embrace AI and make sure their infrastructure is AI-ready because failing to do so could cause them to fall behind rivals in this quickly changing technological world.

The federal government’s Advanced Technology Research Council (ATRC) reports that the emirate of Abu Dhabi is making its massive AI model “Falcon 40B” open source for study and business use.

Venture One, the commercial investment arm of ATRC, stated that it will support any workable concepts generated by the program.

The Technology Innovation Institute (TII), a research center inside ATRC, created Falcon 40B, a fundamental long language model (LLM) with 40 billion parameters and one trillion tokens of training data.

The Abu Dhabi emirate is opening up its “Falcon 40B” large-scale artificial intelligence model to research and commercial use, says to the government’s Advanced Technology Research Council (ATRC).

According to ATRC Secretary General Faisal Al Bannai, “We were interested in contributing to the community, by speeding up the use of AI.” Bannai serves as the chairman of EDGE.

A TII director named Ebtesam Almazrouei stated that the organization wants to assist the application of generative AI not only in chatbots but also in engineering, healthcare, suitability, and coding.

Concerns regarding whether the technology could result in privacy violations, scams, and defamation campaigns have intensified as businesses globally compete to promote AI solutions in recent months.

When challenged about privacy concerns with the Falcon model, Bannai responded, “Setting Up these platforms on their own parameters, to train, implies we have no access to the data going into these platforms.