Saturday, May 28, 2022
International

Property Finder acquires Dubai’s Homevalue

Property Finder

Homevalue’s portfolio of products includes mortgage valuations, home value assessment, and a ‘power map’ for real estate professionals

Real estate website Property Finder has acquired Dubai-based Homevalue, fully integrating the start-up’s products, solutions, insights and technology into its ecosystem.

Homevalue’s portfolio of products includes tools such as mortgage valuations, home value assessment, and a ‘power map’ for real estate professionals, all of which will add a lot to Property Finder’s product offering by providing a depth of information that will be readily available to its audience, a statement by Property Finder read.

Founded in 2019 by Bekkar and Waleed Rassuli with a mission to bring transparency to the real estate market in the Middle East and North Africa (MENA) region, Homevalue is a business-to-business (B2B) proptech that leverages big data, machine learning analytics and Artificial Intelligence (AI) technology to build real estate solutions.

I am very excited to join the Property Finder Group and proud of this achievement. Sharing the same obsession about creating outstanding consumer experience and bringing more transparency to the real estate market in the MENA region has been pivotal in our decision to join Property Finder Group, Fouad Bekkar, said founder & CEO of Homevalue.

We are looking forward to putting unique and much needed insights into the hands of Property Finder’s ever-growing user base, he added.

Bekkar and his team joined the Property Finder cohort following the announcement, and Bekkar has taken on the role of vice president in charge of Data and AI.

In addition to its existing in-house data solutions arm, Data Finder, Homevalue will be a strategic integration to the tech company’s product portfolio in bettering the data available and improving the analytical capabilities for customers, traders, and brokers, Property Finder’s statement read.

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