AIR's Founder is Shaping the Future of Real Estate Tech
Milad Monshipour, CEO and founder of AIR (AI Realtor), is building an AI-native platform that changes how property transactions happen in Dubai. Unlike traditional platforms that add AI features on top of existing systems, AIR uses AI as the core engine from the start. This approach aims to remove inefficiencies and friction in one of the most active real estate markets.
AIR consists of three main tools—AIR Brain, AIR Match, and AIR Value—each tailored to guide users through property discovery, matching, and pricing. These tools are trained on Dubai-specific data sets, allowing for precise and localized property insights.
Addressing a Fragmented Market
Real estate transactions across the Middle East are often manual, opaque, and fragmented. Monshipour sees real estate tech as the next major opportunity in the region, more so than fintech or mobility. AIR solves key issues by streamlining property discovery, automating administrative tasks, and offering real-time information to buyers and agents alike.
Dubai’s digital infrastructure, regulatory clarity, and transparent data make it the perfect environment for this transformation. Still, many brokers depend on slow, inconsistent workflows. AIR aims to provide a faster, smarter, and more transparent experience for everyone involved.
Built for Dubai, Not Adapted
Success in the UAE market requires solutions built with local specifics in mind. Monshipour stresses that imported models often fail without significant customization. Dubai’s advanced regulations, transparent data, and large, dynamic property market demand a platform designed from the ground up for these conditions.
By training AIR exclusively on Dubai data, the platform naturally aligns with local demand, legal frameworks, and customer behavior. AIR plans to perfect this model over 6 to 9 months before expanding to other markets such as the GCC, Australia, and the UK—regions with similar regulatory and market characteristics.
Empowering Brokers, Not Replacing Them
Contrary to fears that AI will replace agents, AIR focuses on empowering brokers. The platform automates tasks best suited for machines, freeing agents to concentrate on negotiations, personalized advice, and building client relationships.
AIR adjusts its involvement dynamically, stepping aside when human input is critical and stepping in when efficiency can be improved.
A Smarter, More Practical Customer Experience
- AIR Brain: Tracks user preferences from the start.
- AIR Match: Offers real-time property recommendations.
- AIR Assistant: Handles follow-ups, CRM entries, and viewing schedules.
- AIR Value: Supports agents with real-time pricing insights for negotiations.
All these features operate seamlessly in the background, allowing clients to enjoy a smooth experience while agents focus on strategy and relationships. Customers are increasingly open to such tech-driven improvements when the benefits are clear.
Learning from Past Success
Monshipour brings lessons from his previous venture, TAPSI, to AIR. This time, the goal is to build with scalability and speed, challenging outdated real estate practices by leveraging technology in fresh ways.
He also emphasizes the importance of assembling a top-tier team early to accelerate innovation and execution.
Creating a New Infrastructure Layer
AIR is more than a listing platform or brokerage. It aims to reshape the entire real estate ecosystem by augmenting agent roles with AI. The future will see tech-enabled firms delivering consistent, transparent service at lower costs.
Monshipour envisions AIR as the connective layer between listing platforms and brokerages, powering both sides efficiently. This approach is where the real disruption begins.
Why Dubai?
Dubai’s large, fast-moving real estate market, combined with advanced regulations, makes it an ideal testing ground for AIR. The UAE’s growing tech investment climate and talent pool also support this ambition.
Success stories like Souq, Careem, Noon, Tabby, and Huspy have boosted investor confidence in tech ventures within the region. AIR aims to attract top AI talent to the UAE and expects this trend to accelerate as the ecosystem matures.
For professionals in real estate and construction looking to understand how AI is changing property transactions, AIR’s approach offers a practical example of local data-driven innovation reshaping workflows and customer experiences.
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