Real estate investment process fully digitised, using advanced tech and AI

Doha, Qatar: The real estate investment process is now fully digitised, utilising advanced technology and artificial intelligence (AI). This includes...

Doha, Qatar: The real estate investment process is now fully digitised, utilising advanced technology and artificial intelligence (AI). This includes everything from initial idea conceptualisation to electronic contract signing and property investment, said Eng. Khalid bin Ahmed Al Obaidli, Chairman of the Real Estate Regulatory Authority. 

Delivering the opening remarks at the ‘Real Estate Investor’s Journey in Qatar’ forum yesterday, Eng. Khalid bin Ahmed Al Obaidli highlighted the country’s commitment to fostering a dynamic and efficient real estate investment environment. He outlined significant strides in streamlining processes, leveraging technology, and addressing investor concerns.

Commenting about the key initiatives and achievements, Al Obaidli said the Real Estate Regulatory Authority has conducted over 50 meetings with government and private entities to understand and overcome challenges faced by investors, particularly concerning residency and title deeds. This feedback-driven approach aims to redesign the investor’s journey to be more efficient and is aligned with Qatar’s vision.

The goal has been to redesign the investor’s journey into a fully digital experience that leverages artificial intelligence and unified data sources to provide a smoother and more efficient investment process—one that enhances transparency and improves procedural efficiency in support of the country’s business environment, he added.

The investor’s journey is characterised by being fully automated using the latest technological techniques and employing artificial intelligence.