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بوابة أخبار اليوم
Real Estate Registration Embraces AI
The Tax Authority has launched a modern electronic application for real estate transactions, which relies on artificial intelligence to facilitate and accelerate the processes of registering and selling properties, as well as calculating and paying taxes electronically. The goal is to reduce routine procedures and save time for citizens. The app enables automatic assessment of property values based on market data, but there are concerns about the accuracy of these evaluations, especially for properties with unique characteristics or unconventional circumstances. AI experts confirm that the system is useful, but emphasize the need for data quality assurance and human assessments in exceptional cases or disputes to ensure fairness and accuracy in real estate valuation.
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