Dubai-based Stake hosts MIT student team for six-month project

  • Date: 18-Apr-2022
  • Source: Gulf Business
  • Sector:Real Estate
  • Country:UAE
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Dubai-based Stake hosts MIT student team for six-month project

Stake, a fintech and real estate investing platform based in Dubai, is hosting and has created a six-month project for a group of two graduate students enrolled in the MIT Sloan School of Management’s Business Analytics program (MBAn). The project will entail developing a data ingestion and analytics model that will collect historical market data on Dubai’s residential market dating back over 10 years in order to assess the quality of potential real estate deals and forecast their returns under a variety of local and macro future conditions. Furthermore, the students are focusing on putting a large feature set of actual and engineered descriptions into the model, which will allow it to anticipate and estimate price levels down to the particular of a single building or unit. “We are delighted to welcome Stake as a new host company this year and value the learning opportunity that this unique industry project offers our students,” said Michelle Li, director of the Master of Business Analytics programme. “The Analytics Capstone is a core part of the MBAn curriculum, and the course provides students hands-on experience working with cutting edge analytics organisations on big data challenges.” The MIT Sloan MBAn programme focuses on applying