The Abu Dhabi Real Estate Center has announced the launch of ‘Madhmoon,’ the first multi-listing property services platform in Abu Dhabi. This initiative is a pioneering effort in the Gulf region and aims to provide a high level of transparency, efficiency, and trust within the real estate market for brokers, developers, and buyers.

‘Madhmoon’ serves as a unified and comprehensive solution for all stakeholders in the real estate sector. It offers reliable property listings and real-time updated data about properties while ensuring the publication of credible real estate advertisements. This approach enhances the reliability of transactions and the accuracy of information related to properties.

Rashed Al-Omira, the Acting Director-General of the Abu Dhabi Real Estate Center, stated, “We are pleased to present the ‘Madhmoon’ platform, which we believe will bring about a qualitative transformation in real estate transactions in the emirate. This initiative reflects our commitment to promoting innovation, transparency, and efficiency in the real estate market.” He added that the launch of ‘Madhmoon’ represents an advanced step in enhancing transparency and trust in Abu Dhabi’s real estate market, highlighting the platform’s significance in establishing the emirate as a competitive global hub for real estate investment.

The ‘Madhmoon’ platform supports transparent transactions and provides listings characterized by credibility and transparency. Every property listed on ‘Madhmoon’ undergoes thorough verification to ensure trust and credibility, offering the latest property data that allows users to make informed decisions based on accurate information.

Additionally, ‘Madhmoon’ enhances global outreach by connecting Abu Dhabi’s real estate market with international investors, thereby opening up global opportunities. The platform serves as a central hub that brings together stakeholders in the real estate sector, enabling real estate platforms to provide better and more accurate data, which in turn fosters trust and deepens partnerships within the market.

The platform also aims to reduce listing fragmentation, which increases property visibility for sellers. It achieves this by boosting property appearances by 70% and ensuring that the database contains the most up-to-date information about available properties in a specific area or market. As a result, it enhances brokers’ productivity by 35% and reduces transaction completion time by 40%, ultimately improving the customer experience and increasing foreign direct investments.