Mohamed Mohamed, Founder and CEO of Smart Bricks, stated that artificial intelligence technologies have brought about a qualitative transformation in the real estate investment sector. In an interview with Erm Business on the sidelines of the Abu Dhabi Finance Week, he explained that relying on AI and big data analytics has reshaped the real estate investment process, making it more precise and professional.
He noted that these technologies have enabled individual investors to make decisions similar to those adopted by major investment funds when studying markets and assessing risks.
Mohamed confirmed that in the past, investors used only a very limited portion of the available data, exploiting just three out of every thousand data points. This negatively affected the quality of investment decisions. Despite the existence of thousands of indicators capable of improving these decisions, the lack of analytical tools stood as a major obstacle to making optimal use of data.
He added that the Smart Bricks platform has developed artificial intelligence models capable of analyzing hundreds of thousands of properties within seconds, using around one thousand data indicators for each property. He explained that processing such a massive volume of data at this speed was impossible for human analysts, leading to faster, more accurate, and more efficient investment decisions.
Mohamed further explained that the company has launched an integrated digital real estate investment platform that allows users to search for, evaluate, purchase, manage, and sell properties through AI-driven solutions, making the entire process more seamless and efficient.
He also pointed out that Smart Bricks, as one of the first proptech companies in the region supported by the NVIDIA Inception program, launched from the UAE with plans to expand its operations into Saudi Arabia, the United States, and the United Kingdom by 2026, following the securing of significant funding to support its next growth phase.
The Founder and CEO emphasized that global technology partnerships have played a vital role in elevating the company’s solutions. Through collaboration with companies such as Google, Microsoft, and NVIDIA, Smart Bricks has been able to develop advanced technological capabilities that strengthened its competitive position in the global proptech market.
He also noted that the company was selected among ten companies in the Microsoft GrowthX program, which connects Microsoft with the Abu Dhabi Investment Office to support and develop startups in the technology sector.
