1. Introduction:
Microbyte Innovations, a proptech company specializing in AI-driven solutions for real estate investors, aims to launch an AI-based real estate service tailored for the Dubai market. This service will leverage data collected from public real estate websites in the UAE, analyze various data sources, and offer tailored suggestions to investors and buyers to facilitate financially viable property decisions. The vendor is tasked with providing a comprehensive proposal encompassing execution approach, methodology, team capabilities, technology stack, past project credentials, experience in AI-driven real estate website development, and a detailed financial proposal.

2. Objectives:
The primary objectives of this project include:

Developing an AI-based real estate service to analyze data from UAE real estate websites.
Providing actionable insights to investors and buyers to make profitable property decisions.
Creating an attractive and user-friendly interface to deliver essential information.
Proposing profitable pricing options for Microbyte Innovations to sell the AI-based market intelligence service.

3. Scope:
The scope of work includes:

Gathering requirements from Microbyte Innovations regarding the functionality and features of the AI-based real estate service.
Designing and developing an intuitive user interface for investors and buyers.
Implementing AI algorithms to analyze data from public real estate websites.
Providing suggestions and recommendations based on user inputs and analyzed data.
Proposing profitable pricing models for Microbyte Innovations.
Ensuring the service is hosted on AWS or a similar platform.
Offering three months of maintenance and support post-launch.

4. Deliverables:
The deliverables for this project are:

Requirement gathering documentation.
UI/UX design mockups and wireframes.
Developed AI algorithms for data analysis.
Functional AI-based real estate service.
Proposal for profitable pricing options.
Hosting setup on AWS or equivalent platform.
Documentation and training materials for Microbyte Innovations.
Three months of post-launch maintenance and support.

5. Project Timeline:
The project timeline is estimated to be 3-4 weeks, comprising the following phases:

Requirements gathering: Week 1.
Design and development: Weeks 2-3.
Testing and deployment: Week 4.

6. Vendor Responsibilities:
The selected vendor is responsible for:

Providing a detailed proposal covering execution approach, methodology, team capabilities, technology stack, past project credentials, and experience in AI-driven real estate website development.
Designing and developing an attractive and user-friendly interface.
Implementing AI algorithms for data analysis and recommendation generation.
Proposing profitable pricing options for Microbyte Innovations.
Setting up hosting on AWS or a similar platform.
Offering three months of maintenance and support post-launch.

7. Microbyte Innovations Responsibilities:
Microbyte Innovations will:

Provide necessary information and requirements for the project.
Collaborate with the vendor throughout the development process.
Review and provide feedback on deliverables.
Facilitate access to relevant data sources and APIs.
Pay the agreed-upon fees for the project.

8. Payment Terms:
Payment will be made as per the following milestones:

5% upon acceptance of the proposal.
40% upon completion of design and development.
40% upon successful deployment and launch.
15% upon the completion of three months of maintenance and support.

9. Assumptions and Constraints:

The project assumes timely availability of required resources from both Microbyte Innovations and the vendor.
Any changes in project scope may impact the timeline and cost, subject to mutual agreement.

10. Acceptance Criteria:
The project will be deemed successful upon:

Delivery of all specified deliverables.
Successful deployment and launch of the AI-based real estate service.
Satisfactory performance and usability of the service.
Completion of three months of maintenance and support without major issues.

11. Additional Considerations:

The vendor must ensure compliance with relevant data privacy and security regulations.
Any recurring costs, such as hosting, will be borne by the vendor for the duration of the project.
This Scope of Work document outlines the expectations, responsibilities, and deliverables for the development of Microbyte Innovations’ AI-based real estate service.

Posted On: April 29, 2024 21:24 UTC
Category: Full Stack Development
Skills:API, Python, Graphic Design, Adobe Illustrator, JavaScript

Country: Saudi Arabia

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