The Broker Terminal, a leading platform for property brokers in Dubai, has achieved $1.06 billion worth of property listings since its launch on 13 April 2022, highlighting the market demand for such property-tech services amid the COVID-19 pandemic.
The first-of-its-kind platform has interfaces both in the form of an app and a website. With the Dubai property market being usually competitive, the platform seeks to create more transparency and in turn generate more sales for Dubai real estate brokers.
With 884 members on the platform and total sales values of available properties currently totaled at $1.06 billion against buying interest valued at $203 million, the platform has been trusted and well-regarded by the property market.
Broker Terminal has been well received by the property market since its launch, with at least four brokers closing deals worth more than $14.5 million. One broker used the platform to sell properties in Dubai Hills worth more than $5.45 million.
Mr. Nadeem Tariq, Founder of Broker Terminal, said that “With the Broker Terminal also looking to connect to more property buyers and market players internationally, this will give a boost to the dynamism of Dubai’s property market and have a long-term uplifting effect on the economy.”
Brokers submit their listings directly on the platform and are also able to represent their buyers by indicating their interest in a particular property in a preferred location. The platform also provides transaction data for the properties available, allowing brokers to advise their clients with the highest accuracy and insight possible.
The platform is also planning to revolutionize the property-tech landscape with transactions to be concluded using cryptocurrency. It also launched its vision for 2030, declaring its goals to connect brokers from 100 countries so that they can interact with the local brokers here to get access to the properties for sale in Dubai.
