The real estate industry in the UAE has witnessed a booming growth, and in this, a real estate app is making it more convenient to buy, sell, and rent properties.
The tech-savvy population of the UAE is making the best out of a real estate app, as they make property dealing convenient and let dealers be competitive.
Many real estate startups are planning to invest in an app. If you are also one of them, you must know how much it will cost you. Knowing the cost to develop a real estate app in UAE will help you in budgeting.
In this blog, you will get the breakdown of real estate app development costs in UAE and other additional crucial information.
Keep reading this blog till the end.
What is a Real Estate App?
Before going deeper into knowing the cost to develop a real estate app in UAE, we will start with understanding the real estate apps.
A real estate app is an integrated platform that seamlessly connects real estate agents with potential clients or property buyers.
By using a real estate app, users or buyers can browse different types of properties seamlessly from their smartphones. From this app, users can buy, rent, and sell different categories of properties without the intervention of a mediator.
A real estate app consists of different types of features, which include advanced property search, real-time updates of listed properties, and location with map integration.
Many advanced real estate apps have integrated smart features like AI-powered chatbots that offer users real-time solutions to various queries & issues. Some apps also include smart features like mortgage calculators, booking virtual property tours, and personalized recommendations.
The smart features and updates in a real estate app require strong backend development with a user-friendly interface. This is one of the biggest factors that influence the real estate app development cost in UAE.
An Overview of the Real Estate Market in Dubai
So, you now know about the real estate app, and if you are planning to develop a real estate app in UAE, it’s an excellent idea. If you are thinking about how we can strongly claim that investing in a real estate app development is a great idea, then hold your seat as we have some statistics that will speak on behalf of our claim.
In Q2 2024, Zabeel First led Dubai’s real estate market with AED 3.25B in sales, while Jumeirah Village Circle topped in transaction volume with 1,594 deals. Other high-performing areas included Dubai Marina, Business Bay, and Dubai Hills Estates.
The real estate market of Dubai has recently witnessed remarkable growth and resilience. In the year 2024, the real estate market of Dubai witnessed a total transactional value of AED 71.190 billion. In the year 2023, the same market experienced a record of AED 124.4 billion, which was 43,522 transactions.
So, in 2024, the real estate market recorded more than 17,254 transactions. This growth shows that the real estate app is the main reason behind the buying, booking, and selling of properties.
The government of the UAE is strongly supporting the growth of smart technologies, and it wants every industry to offer smart solutions. This initiative of the government helps the real estate software market in the UAE to generate a revenue of $64.1 million in 2023.
Further, it is expected that the same market will generate a revenue of $173.7 million by the year 2030. So, between 2024 to 2030, the CAGR of the real estate software market is expected to be 15.3%.
The Estimated Cost to Develop a Real Estate App in Dubai
So, you get an overview of Dubai’s real estate market and real estate software market, which is enough to convince you to build one. However, before you proceed with your real estate app development idea, it is crucial that you know how much it can cost.
To create the real estate app, you can hire a mobile app development company in Dubai, or you can do it by yourself, but the former is a hassle-free option. Every organization charges differently, but the estimated cost to build a real estate app in UAE typically ranges from $30,000 to $200,000 and can be more.
There are different factors influencing the development cost, from the complexity of the app to its design. Also, there are different levels of apps, from simple to highly advanced, each of which has a different cost.
► Less Complexity Level App
This is the real estate app that consists of basic functionalities and features, and is deployed in a simple and user-friendly platform. These apps offer users the ability to browse properties, filter their choices, and manage their profiles.
A real estate startup or small estate agencies mainly go for these apps. The cost to create a real estate app in UAE with starter-level or basic features and functionality will range between $30,000 and $100,000.
► Moderate Complex App
The moderately complex real estate apps consist of more interactive and user-friendly features than the starter-level real estate apps. This kind of app will offer its users the ability to search properties by applying filters, in-app payments, and real-time notifications on property updates.
Making them an excellent solution for the middle-tier clients. The average cost to make a real estate app in UAE that lies under this level is $100,000 to $200,000.
► Advanced Complex App
The clients or property buyers looking for premium solutions, then an advanced-level real estate app is the best option. These advanced-level real estate apps consist of features like blockchain-based transactions, AI-powered suggestions, and IoT-powered automation.
For premium customers who prefer tech-friendly real estate apps, this is the ultimate option. The cost to develop a real estate app in Dubai of this level falls between $200,000 $300,000.
Looking for a Budget-Friendly Real Estate App Development Company? Nimble AppGenie is here for you!
Factors Influencing the Cost to Develop a Real Estate App
If you were planning to build a property search app like Bayut, you now have a clear idea about how much it can cost you. We have already mentioned that the cost of app development is completely dependent upon numerous factors, and you must be well aware of those factors.
So, here in this section below, we are going to list the factors that influenced the mobile app development cost in Dubai. Let’s get a look at them.
1] App Complexity
The complexity of a real estate app is the biggest factor that influences its cost. An app with advanced and complex features like AI integration affects the real estate app development cost in Dubai.
Moreover, the complex features of the apps are mostly tailored based on the specific needs of businesses, which may include AI chatbots, virtual tours, etc.
2] Choice of Platform
The choice of platform to launch the real estate app impacts the cost to develop a real estate App in UAE. There are two types of platforms, one is native and the other is cross-platform.
The former defines either iOS or Android, and the latter defines both iOS and Android at the same time. Choosing a cross-platform can be a costlier choice than the native one.
But in another case, iOS app development costs are generally higher than Android app development costs.
3] UI/UX Design of the App
UI/UX design of the app is another crucial factor that affects the cost of real estate app development.
If you want people to choose your app over the competitors, then you must spend on a seamless and responsive UI, and the user must enjoy intuitive navigation. All these raise the cost of app development but are worth the result and customer satisfaction.
4] Backend Development
The backend is the backbone of your real estate, and you must be very careful about its development. This will ensure the real estate has strong supporting data, user authentication, and performance.
Also, the app must have scalable clouds like AWS, Google Cloud, etc, for handling traffic and real-time updates that influence its development cost.
5] Third-Party Service Integration
Third-party integration to real estate apps today is crucial since it offers convenience, but it also impacts the cost of app development.
The important third-party applications that must be included are Google Maps, a payment gateway like PayTabs or Stripe, WhatsApp Business API, and CRM systems like Salesforce for managing leads.
6] Location of the Development Team
Lastly, the location of the development team influences the cost to develop a real estate app in UAE. There are two types of development teams: one is onshore and the other is offshore.
The former team is situated within the country, and the latter is situated in foreign countries. Onshore development teams are more expensive than offshore teams, but may not deliver much quality work.
Nimble AppGenie: The Best Partner to Build a Real Estate App
Are you planning to build a mobile app in Dubai that helps in selling, buying, and leasing real estate? Then you need a partner who delivers it within your budget. To fulfill your wish, here comes one of the best companies in Dubai: Nimble AppGenie.
We are the best real estate app development company in Dubai that takes care of every step of the app development process as per the requirements of our clients. Our talented team of mobile app developers has excellent experience in creating feature-rich apps without breaking your bank.
Moreover, we are a mobile app startup that has expertise working with a vast number of industries, from restaurant apps to real estate apps and more. So, if you have a long list of mobile app ideas, consult with Nimble AppGenie to enjoy the best outcomes.
Conclusion
So, it must be clear to you that developing a real estate app is one of the strategic investments looking into the booming property market of UAE and technological advancement.
We have shared the statistics that prove the above statement. Also, you know the average cost to develop a real estate app in UAE and also the factors behind deciding the cost.
Now that you have complete knowledge about real estate app development along with its cost, choose the right development partner and build your asset.
FAQs
How long does it take to develop a real estate app in Dubai?
The average time to develop a real estate app in Dubai will take 3 to 7 months, which totally depends on the project's requirements.
If the clients need complex features for their real estate app, it will affect development time. Also, whether an app is going to be built from scratch or have an existing framework, the development time is also dependent on that.
What are the factors influencing the cost of real estate app development?
There are different factors depending on which the real estate app development cost is determined. The key factors influencing development cost include the type of apps, app design, app quality, choice of platform, backend development, and third-party integrations.
What are the must-have features to add to a real estate app?
The features are a crucial element in a real estate app that makes it worth choosing for the users out there.
So, the must-have features include advanced search, AI recommendation for properties, DLD-verified secured transactions, virtual property tours, automatic mortgage calculator, and others.
Why invest in a real estate app in Dubai?
Dubai is witnessing an excellent boom in the digital transformation, with that today foreign investments in real estate at their highest.
All these together have created a growing demand for smart and advanced property solutions in Dubai. This demand makes it an excellent time for businesses to invest in a real estate app.