A new Dubai real estate firm has launched specialising in sales and investment for the mid to luxury market. BlackBrick is founded by three entrepreneurs – Matthew Bate, John Brash, and Romano Toscano - experts in the respective fields of real estate, branding, and tech.

The lifestyle-driven real estate experts are focused on building trust through personal connection and using artificial intelligence (AI) and machine learning (ML) to improve the decision-making process for buyers and sellers.

By effectively analysing data on a large scale, BlackBrick can recognise relationships and patterns to predict buying trends and future market scenarios based on customer behaviour. They are currently developing two primary technologies to help clients make the best choices, including:

  • Smart Real Estate Objects (SREO)

Machine learning will be used to read and convert contracts into SREO. The information is then extracted to increase speed and efficiency during the transaction process and produce valuable insights into future trends.

  • Smart Real Estate Dashboard (SREDB)

A Smart Real Estate Dashboard is being created to offer a real-time picture of client behaviour, the current market situation, and any anticipated shifts. This will equip investment advisors and clients with as much up-to-date knowledge as possible about aspects such as pricing, location and desirability. It will also reveal the most attractive financing options available.

BlackBrick co-founder and CEO, Mathew Bate, explains: “A lot has been said about Dubai’s real estate recovery and the market is certainly performing well, especially the luxury segment. However, the picture remains complex, and buyers and sellers are looking for a different level of support to understand the rapidly changing dynamics better and maximise the opportunities.

He continued: “Personal connection and one-to-one communication are crucial, and by integrating the latest tech advancements, we can enhance the customer experience with a new level of accurate market intelligence. Buying a property is an emotional decision for most, but AI and ML can play an important role in helping people to make it. This approach will put BlackBrick at the forefront as we aim to build a successful model in Dubai that can be expanded internationally.”

BlackBrick’s 10-strong team of real estate investment advisors develop sustainable strategies and tailored investment plans across a wide range of exclusive property types in Dubai’s premium areas.

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About the founders:

Matthew Bate, co-founder and CEO

Matt brings 20 years’ experience in global business operations from 25 different countries, focusing on commercial and residential real estate, large-scale luxury property development, retail, tourism, F&B and luxury branded destinations. He was previously the CEO of Engel & Voelkers' UAE operations, Executive Director for UAE-based Al Sharq Investment, and CEO for Dogus Group’s global waterfront destination group D-Marin. 

John Brash, co-founder

John is a multi-award-winning creative with over 30 years spent transforming places through unconventional business, brand and lifestyle solutions. The CEO of Brash brands, he advises governments, tourism boards, private equity firms, developers, and owners on how to create buy-in and inspire participation from key stakeholders. John is the creator of iconic destination brands, including Burj Khalifa, Amaala, Chelsea Barracks, Lusail Downtown, Great Scotland Yard, Borgo del Forte, and One Circular Quay. He is also an Honorary Professor, educating on lifestyle and destination brand realities. 

Romano Toscano, co-founder

Romano is a tech-driven pioneer with a background in computer programming who has built and sold two start-ups to Fortune 500 IT companies. With a Microsoft Developers Diploma and over 20 years in the mobile and tech industry, Romano holds advisory roles for a European government start-up fund, a technology company, and several developers. His first book about life and business will be published in Q2 2021.  

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