Metaverse developer LandVault has announced in metaverse news that they would open a new office in Dubai in February 2023.
The company has established itself as a leader in the metaverse, having created over 100 million square feet of virtual experiences for customers such as Yas Marina Circuit, Aldar, Mastercard, Hershey’s, Standard Chartered, and World of Women.
LandVault believes the metaverse has enormous promise in the UAE real estate business. Its technology will enable developers and real estate firms to exhibit their projects by offering prospective buyers with a more immersive and interactive experience.
There are various advantages to establishing a metaverse strategy in the UAE real estate business. It allows developers and real estate companies to reach a larger audience, including individuals who may not be able to personally see the property.
In addition, virtual tours and showrooms can provide a more accurate depiction of the property, hence decreasing the need for physical visits and conserving time and resources.
Sam Huber, CEO of LandVault, stated, “We are excited to open our office in Dubai and to be a part of the vibrant tech community in the UAE.”
“The MENA region is a key market for us, and we believe that our presence in Dubai will allow us to assist the region and explore new opportunities. We are also excited about the potential for the metaverse in the real estate industry in the UAE. We look forward to working with developers and real estate companies to showcase their properties in a new and innovative way.”
Content Source: gulfbusiness.com
Cover Image Source: fm-middleeast.com
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