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Mon 20 Apr 2020 01:42 PM

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UAE proptech start-up Urban launches landlord solution

Online real estate company has seen 256% average week-on-week increase in listings for April

UAE proptech start-up Urban launches landlord solution

Urban has now launched a digital Landlord Dashboard, allowing landlords to track the performance of their properties, store documents and management payments.

UAE real estate start-up Urban has seen the number of listings on its platform in April increase by over 250 percent week-on-week.

The company, which was founded in January this year, allows tenants to discover, visit and rent their new homes online - it has seen an average week-on-week increase of 256 percent in new listings through to April 14.

Urban has now launched a digital Landlord Dashboard, allowing landlords to track the performance of their properties, store documents and management payments.

Rashid Al Ghurair, CEO and founder of Urban, said: “In the current Covid-19 environment, our Landlord Dashboard empowers landlords to make better informed rental decisions predicated on data-led insights, resulting in higher occupancy rates, optimal asset performance and greater returns.”

The platform includes real-time analytics on the landlord’s portfolio, such as the number of visits per property, data-driven pricing information on offers received, and calculations on rental yields and return on investment.

Tala Nsouli, general manager of Urban, added: “Covid-19 has shaken the foundations of the traditional property sector, accelerating the adoption of the digital-first environment by landlords and tenants.”

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