# Market Validation

**The Real Estate Market is projected to reach $3.9 T globally in 2023**

With that said, it's clear the real estate market is a great opportunity for us to tap into and could benefit from our help.

Taking a strategic approach, we have strategically position ourselves in the U.A.E. This has been done for two reasons.

1. The U.A.E is a new country and needs help to implement sustainable solutions to help with its rapid growing economy
2. The U.A.E has a hot real estate market, with investors from all walks of life wanting to grow their wealth there.&#x20;

To ensure we are strategically position, it was imperative for us to go back in time to spot trend and identify how we can play a part in growing the economy whilst providing security for investors and users of our platform.

Whilst carrying research, we identified clear trends. Over the last 3 years, we identified:

* [x] In **2021 $81B** worth of Real Estate was sold in over **84K Transactions**.
* [x] In **2022 $72B** worth of Real Estate was sold in over **97K Transactions**.
* [x] In **2023 (August) $54B** worth of Real Estate was sold in over **66K Transactions**.

<figure><img src="https://3911200673-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKbc6VifdP0H82KdJyhVb%2Fuploads%2FgnlHuUgcMSzCu1A02Zq2%2Fbusiness-model-4.png?alt=media&#x26;token=29c54e84-e7da-4f67-a3ab-78c3b75edfc3" alt=""><figcaption></figcaption></figure>

Trends clearly show the real estate market has been and is on the up with no signs of it slowing down.&#x20;
