The Real Estate companies in Dubai are one of the hottest topics in the UAE region. People have started to invest in real estate businesses in Dubai to build lucrative business startups, and those who have established their real estate businesses are enjoying hefty income and profits with the UAE’s stable economy.
The question is how real estate professionals run their businesses in this saturated market and how you can start your real estate business that generates exceptional ROI. The answer is simple: they go digital and start investing in real estate solutions, which covers their cost to double.
However, the average investment on a real estate mobile app development in Dubai comes with lots of benefits, including working efficiency, lead management, property listing, rental property management, and broker management. There are countless options to attach your business with digitalization as well as gain more profit in less time.
Moreover, the emerging use of mobile app development in UAE makes realtors and construction companies more powerful, rapid, and functional. In fact, it is a golden opportunity for real estate companies in Dubai to get the utmost benefits by implementing real estate solutions.
Let’s get an in-depth look at this massive upsurging use of mobile applications in real estate companies in Dubai.
The Imperatives of Real Estate Mobile Apps
It is observed that Implementing real estate mobile apps in real estate businesses has opened multiple opportunities and led to immense sales growth. In case you are not familiar with the real estate apps. Let me introduce it first.
In general, a real estate mobile app is a software application customized with relevant real estate business features that help realtors sell, buy, rent, and construct properties. With your preferences, you can build apps on different platforms, including native, cross-platform, or hybrid applications.
Features like 3D visualization, floor plans, property profiles, virtual tour, mortgage calculator, etc., is included. Moreover, in real estate businesses, data plays a significant role in turning leads into potential clients, which is why a strong database and analytic reporting are some of the sought-after features of real estate apps.
- The in-depth study shows that 25% of people use a real estate mobile application to search, purchase, and sell properties online.
- The real estate mobile app market is rising by 221.5 million by 2027.
- However, the scope of real estate mobile apps in Dubai escalated with a value of 352.1 million U.S. dollars.
Many real estate companies established customized mobile applications to run their operations and streamline workflows. However, the overall look of digitalization in real estate companies is much wider than we imagine.
The Estimated Cost Of Real Estate Mobile App Development
The cost to build a mobile app for real estate companies in Dubai varies depending on several factors, including the app’s complexity, the features to be included, the experience and location of the development team, and more. However, as a general rule of thumb, you can expect to pay between $40,000 and $300,000 to develop a real estate app in Dubai.
Here is a breakdown of some of the key factors that affect the cost of developing a real estate app:
- Complexity: The more complex your app is, the more time and resources will be required to develop it and the higher the cost. For example, an app with a simple design and a few basic features will be less expensive than one with a complex structure and a wide range of features.
- Features: The more features you include in your app, the more expensive it will be to develop. For example, features such as augmented reality (AR), virtual reality (VR), and push notifications can all add to the development cost.
- Development team: The experience and location of the development team you choose will also affect the cost of developing your app. Development teams in more expensive locations, such as Dubai, will typically charge higher rates than those in less expensive areas.
Here are some examples of the costs associated with developing different types of real estate apps:
- Basic real estate app: A basic real estate app with features such as property listings, search filters, and contact information can cost anywhere from $40,000 to $60,000 to develop.
- Real estate agent app: A real estate agent app with features such as client management, CRM integration, and real-time property updates can cost anywhere from $60,000 to $100,000 to develop.
- Real estate property management app: A real estate property management app with features such as tenant management, maintenance requests, and financial reporting can cost anywhere from $100,000 to $300,000 to develop.
Calculated Figure For Mobile App Development
|App type||Complexity||Features||Time Frame||Cost Estimation|
|Basic Real Estate App||Low||Property listings, search filters, contact information||1-2 months||$40,000-$60,000|
|Real Estate Agent App||Medium||Client management, CRM integration, real-time property updates||2-3 months||$60,000-$100,000|
|Real Estate Property Management App||High||Tenant management, maintenance requests, financial reporting||6+ months||$100,000-$300,000|
Must-Have Features Of Mobile Application For Real Estate Companies
The most vital feature is property listing to categorize property types in multiple regions. The multiple property types include apartments, villas, townhouses, farmhouses, condominiums, etc. Moreover, property listing features can help users browse diverse property types and choose the required category.
Advanced Search Filter
Adding an advanced search filter also helps users find relevant properties quickly. They do not need to scroll till the end to sort out their findings. Instead, they set their preference like location, no. of rooms, property type, amenities, house facing, etc. This filter helps to refine search results as per the locator preference conveniently.
The real estate app users find property and property details to make the decision for further steps. It is good to provide detailed information, which is why each property must listed with details, including floor plans, location, no. of rooms, property type, amenities, house facing, etc. It is also associated with an advanced search filter to fetch relevant results.
Maps & Direction
Maps and direction is another sought-after tool that enhances the power of real estate applications. It helps to clarify the vision of the surroundings and gives you information about nearby malls, hospitals, schools, amenities, and other insight to judge the location of the residency.
A good app for real estate companies to connect buyers or sellers instantly to close deals. To ensure this, a well-versed communication channel is a must. Modernized apps integrate AI chatbots to provide real-time connectivity 24/7. You can also integrate live chat with the accessibility of other contact information, such as the owner’s official email and phone number.
Embed the mortgage calculator to instantly estimate property by putting property rate, down payment, loan payment, and interest payment. This feature helps calculation within the app so that users can conveniently make up their minds about the estimated figure.
Language and Currency Conversion
Language should not be a barrier if you want to provide services globally. Your app must support multilingual features and currency conversion to help clients avoid any misconceptions. In fact, assisting your client with their preferred language is a plus point, increasing the chance of closing the deal in less time.
Real estate companies in Dubai look for better opportunities, and they can fasten their search by implementing tech-savvy solutions. Mind it: choose the best and most trusted mobile app development company to help you build apps within your budget.
Let us give you a chance to prove ourselves, and we will surely not disappoint you. From mobile app consultancy and design to development and deployment, we keep your preference and business goal at the top in every stage.