Real-estate intelligence

Real estate is the only major asset class still without an independent reference price.

Qompas is the independent intelligence layer for real estate — a provenance-honest index that scores what a market or unit is actually worth, calibrated on real transactions, that no one can pay to move. A reference the whole market can point to.

  • Pre-seed · raising $500K
  • Calibrated in Dubai · DLD-backed
  • Working product, live today
Dubai MarinaDistrict composite · within Dubai
Calibrated · DLD
72 / 100 composite

Geometric across four pillars — a single weak pillar can't be bought back by a strong one.

Return78
Risk61
Demand81
Friction68
AED 22,000 · area transacted+15% vs areaAED 25,300 · this unit asking

Asking price is as listed. Yield, score and the transacted benchmark derive from DLD transactions and Ejari contracts — the model never invents numbers.

Why we're certain

We spent two years on AI-driven real estate. It taught us where the real business is.

We tested model after model around AI brokers and sales automation and hit the same wall: buying property remains an act of trust, and automating the sale does not close that gap. Those experiments put us in front of thousands of real buyers and showed us what does close it: trustworthy data. We pivoted to the layer beneath the transaction with first-hand behavioural evidence and the conviction of having tested the alternatives to destruction.

The problem, and the answer

The market has no independent reference price.

Asking prices, everywhere

  • Portals monetise listings — you see the asking price, not what the market paid.
  • Everyone close to a deal is quoting the asking price, even when they mean well.
  • Most data providers report list prices as market prices, or lag reality by months.
  • The gap between asked and transacted — the one fact that matters — is invisible by design.

Independent by architecture, not by promise

  • The index takes no input from listings or sales. Users pay for access; no one can pay to move a score.
  • Four pillars are combined geometrically — a dangerous market can't be saved by a high yield.
  • Every figure is tagged at source; asking sits next to transacted.
  • Think of it as a Bloomberg terminal for the buy-side — neutral because of how it's built.

How it works

Not a mockup. A working terminal you can use today.

A live terminal, not slideware. Three things you can check for yourself:

Index Terminal

The methodology runs

Four-pillar decomposition with live signals that decay on a separate clock from the structural score — news moves the short-term read without whipsawing the number.

For you: a real model, not a diagram.
Ask

A grounded analyst

Ask for a unit, a comparison, a portfolio — it answers in structured cards drawn from the data, and refuses when it can't ground the answer.

For you: it won't invent a number to fill a gap.
Listings

Provenance that degrades honestly

Dubai is calibrated against DLD, mixed-confidence markets are labelled, and markets without calibrated data return an honest no-data state.

For you: confidence is enforced in the system, not the marketing.

How a client actually uses it

One advisor, AED 40M to place, and no independent price to check.

Layla advises a family office in Dubai. A client has handed her about AED 40M to invest in property. She is looking at a bundle of off-plan units across Marina, Business Bay and JVC — each showing 7%+ projected returns, all quoted from asking prices.

01

The offer

A dozen units, each with projected returns figured off the asking price. The arithmetic is honest; the reference point is the problem.

02

The reality check

Qompas puts each asking price next to what units there have actually sold for. Several Marina units are priced around 15% above the real market.

03

The fake deadline

The prices-about-to-jump story appears as a short-term signal that fades over months, separate from the area's structural score.

04

The call

She passes on overpriced units, keeps those priced in line with reality, and spreads the plan across areas.

Qompas didn't pick the investments. It showed her what the units are really worth, and which now-or-never deadlines are real.

Who it's for, and why they pay

For the people who place capital — and own the outcome.

Who

Investors and family offices placing capital, and the advisors, brokerages and agencies who win by letting independent numbers do the talking.

How

At the decision moment: check the area's fundamentals, see asking versus transacted, and put an independent read on the table.

Why they pay

A few thousand a year is rounding error against a single $1–3M decision — and an independent number is the fastest way to be believed.

Access & pricing

Free to explore — priced where the capital is.

Free · no account

See the full Index map, ask the index for any area, browse every listing, and preview Portfolio. The honest read is open; paying unlocks doing the work at scale.

Individual

$250/ year

For the serious solo investor, vetting one decision at a time.

  • Full Ask — unlimited scenarios
  • Due diligence on any individual unit
  • Export a unit or project as a data brief
  • Complete provenance and asking-vs-transacted read
  • Live-signal snapshots
Pro

from $3,600/ year

For advisors, agencies and family offices working a book of deals over time.

  • Index Terminal workspace
  • Portfolio construction and concentration
  • Monitoring and alerts over time
  • Saved client-facing reads and portfolio briefs

Enterprise — bulk seats, integration, and custom data access for institutions and family offices. Pricing by conversation.

Market

A $3B+ category, entered where the buyer is blindest.

The category is proven. We enter through Dubai, one of the world’s most investor-driven property markets, and compound from there.

$3.2B

CoStar Group revenue (2025)

information, analytics and marketplaces · +19% YoY

AED 917B

Dubai transactions (2025)

270k+ transactions · about $250B

72%+

Q3 sales value off-plan

Q3 2025 share, not a full-year measure

~$100M

illustrative Dubai SAM

model: 30k seats × ~$3.6k; not reported market size

Bottom-up, not top-down. The transaction value demonstrates market vitality; our serviceable market is built from professional seats × price. It expands as more markets are calibrated and as the verified data layer is licensed to AI products that cannot source neutral real-estate data.

Why now & why it holds

The incumbents can't build this without breaking their own business.

Why now

  • AI showed that trust is not solved by automating the sale; it is solved by data.
  • AI products themselves need verified data, and neutral real-estate data is scarce.
  • Transaction regimes such as Dubai DLD and Ejari make a calibrated index buildable.

The moat, in order

  • Conflict: an independent index sits awkwardly beside portal transaction revenue.
  • Verified data compounds and becomes a second business: infrastructure other AI products need.
  • Government data partnerships are the long game that can make the data difficult to replicate.

Where we are, honestly

What's real today — and exactly what this round de-risks next.

Real now · checkable

  • A working, provenance-honest product.
  • Two years of buy-side behavioural learning and [DATA_POINTS] buyer data points, built on about $100K.
  • Listings data secured for 150+ Dubai developments.
  • A live benchmarking loop with four brokers, checked against real deals.

Early intent · not signed

  • Pipeline of agencies and concierges across Dubai, Austria, China and Spain.
  • Buy-side design-partner LOIs in progress.
  • [ADVISORS] · [DISTRIBUTION_PARTNER].

What the round closes

  • M1 · Supply — turn the developer channel into a verified buy-side data feed.
  • M2 · Validation — complete the index backtest against DLD history.
  • M3 · Demand — sign the first paying design partners.

The round

$500K to prove the three things that turn this into a seed.

$500K

on a SAFE · [SAFE_CAP] · 12 months

Three milestones, each closing one of the three real risks. Hit them and the seed valuation is earned, not asked for.

M1 · Supply of signal

Convert the developer channel into a verified, calibrated buy-side feed and stand up the first full-time core team.

M2 · Validation

Complete the index backtest against Dubai Land Department transaction history.

M3 · Demand

Sign the first paying buy-side design partners.

Use of funds: data acquisition and engineering first; then key-account management, product extension, licensing and infrastructure. Long term, the verified data layer becomes infrastructure other AI products license.

Team

The team that learned where the real business is — by spending two years finding out.

T

Tim Makhmudi

CEO · four years investigating the real-estate data landscape

A

Alexander Kiryushkin

CPO · two years building the platform product

Plus three full-time engineers and a lead designer — the team that built the working product before this round. Two years inside the problem on about $100K: capital-efficient and willing to follow the evidence even when it means changing course.

Advisors: [ADVISOR_NAMES]

See the thesis, then let's talk.

No slide argues as well as a product that refuses to invent a number.