Dubai-based Stake onboards MIT Sloan MBAns to predict future real estate trends

  • Date: 18-Apr-2022
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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Dubai-based Stake onboards MIT Sloan MBAns to predict future real estate trends

Dubai-based fintech and real estate investment platform Stake is engaging with a team of two graduate students enrolled in the MIT Sloan School of Management’s Business Analytics degree program (MBAn), facilitating a 6-month work project which analyzes Dubai’s real estate market transactions over the last decade.

The project team will build a data ingestion and analytics model which will collect historical market data on the Dubai residential market dating back more than 10 years to assess the quality of potential real estate deals and predict their returns under varying local and macro future conditions.

MBAns are currently in process of incorporating a large feature set of real and engineered descriptors, which will allow the model to forecast and predict prices at a granular level for a single building or apartment.

“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,” Ms. Michelle Li, Director of the Master of Business Analytics program remarked.

“The Analytics Capstone is a core part of the MBAn curriculum, and the course provides students hands-on experience working with cutting edge analytics organizations on Big Data challenges,” the MBAn program Director

MIT Sloan MBAn Program

The MIT