Dubai, United Arab Emirates — Al Rashid Haneef and Mohammed Sultan, two Emirati millionaires and co-founders of the award-winning startup Research 247 UAE, have built one of the most recognized PropTech ventures in the Middle East , a company that redefined how real estate intelligence is understood, delivered, and applied across the region.
A Startup Built on Data & Vision
Founded in 2021 at Jumeirah Lakes Towers, Dubai, Research 247 UAE was established with a clear mission: to bring institutional-grade real estate intelligence to a market that had long relied on intuition over data. The co-founders developed a powerful analytics platform that delivered with a 95% accuracy rate across all seven Emirates.
The platform fused government transaction records, live property listings, macroeconomic indicators, and AI-powered machine learning models to give investors, brokers, and developers unprecedented clarity in their decision-making transforming weeks of manual research into actionable intelligence available within minutes.
Recognized on the Global Stage
Research 247 UAE’s impact was formally acknowledged through prestigious industry recognition, including a feature in Gartner and a ranking among the Top 60 Fastest-Growing PropTech Startups in MENA and featured in Estate Magazine UAE. These accolades placed the startup alongside globally respected technology companies and validated the founders’ vision that world-class PropTech innovation could be built and scaled from the UAE.
A Strategic Closure (2021–2025)
After four impactful years, Research 247 UAE was dissolved in 2025 , not as a setback, but as a deliberate and forward-looking strategic decision. Having successfully proven their concept, earned global recognition, and delivered measurable value to the market, Al Rashid Haneef and Mohammed Sultan chose to close this chapter with the same intentionality with which they opened it in order to pursue a significantly more ambitious vision.
What’s Next: Real Estate Intelligence Lab at Dubai Internet City
Al Rashid Haneef and Mohammed Sultan are now planning to launch a Real Estate Intelligence Lab at Dubai Internet City (DIC) , a world-class technology hub home to global corporations including Microsoft, Oracle, and Huawei.
The Lab will go beyond conventional PropTech, operating as a research-led intelligence institution that combines:
AI & predictive analytics for real estate market forecasting across MENA
Big data infrastructure processing millions of transaction and market data points
Policy advisory services for government bodies, urban planners, and regulators
Investor-grade intelligence tools for both institutional and retail market participants
This initiative directly aligns with Dubai’s D33 Economic Agenda, positioning the founders at the forefront of the region’s next wave of data-driven real estate innovation.
