VeriEstate has announced its plans to become a one-stop solution for all aspects of real estate, leveraging technology to enhance transparency and efficiency in the market.
The firm says it is positioning itself as the leading aggregator for real estate inspection services. In its initial phase, VeriEstate will bring together a wide array of inspection firms under one umbrella, providing prospective buyers and renters with comprehensive and transparent property assessments. The platform combines technologies like AI, blockchain, and data analytics to conduct in-depth non-invasive inspections, addressing a critical gap in the market by identifying hidden issues in mechanical, electrical, and plumbing (MEP) systems.
Comprising a team of MEP engineers and inspection experts, VeriEstate’s reports – built on a 110-checkpoint inspection – carry official credentials, positioning them as a reliable resource for buyers, renters, brokers, property owners and holiday homes, the firm said in its statement.
“By uniting inspection services and property listings under one platform, we are not just simplifying the real estate process – we are setting a new benchmark for the industry. VeriEstate represents the future of real estate transactions, where every decision is informed, every action is secure, and every stakeholder is empowered,” said Rajab Ali Virani, CEO of VeriEstate.
VeriEstate said it has also launched a property search module. This feature sources lists from various real estate platforms, allowing users to find properties across Dubai in one place. With the help of API integration, real estate companies and brokers can seamlessly display their property images, the firm said.
The firm’s platform will serve both B2C and B2B customers, the company noted. For individual buyers, VeriEstate offers a unique service that allows them to access inspection options from anywhere in the world. Similar to hotel booking platforms, the solution provides customers with a choice of inspection companies, complete with price points per square foot and reviews, enabling them to make informed decisions based on their budget and needs, the firm explained.
The firm has already secured partnerships with leading inspection companies, including GTA Inspectors and The Snag Master, with more partnerships expected to be announced in the months to come. The company is also in discussions with major developers to establish exclusive partnerships to be their dedicated inspection arm, the statement said.
On the B2B side, VeriEstate acts as an aggregator for inspection companies, consultants, and MEP firms, streamlining operations and ensuring consistency in the quality of inspections. VeriEstate will also serve as an aggregator for real estate platforms, providing a comprehensive marketplace for the industry, it added.
“Partnering with VeriEstate aligns with our commitment to providing top-tier inspection services,” said Ehab Farid P, Eng. at GTA Inspectors. “Their innovative approach and use of advanced technology set a new standard in the industry.”
Umera Adhnan, Managing Partner at The Snag Master concluded, “We are excited to collaborate with VeriEstate and bring our expertise to a platform that prioritises transparency and quality in real estate.”