# Feasly — Real Estate Feasibility Software > The modern feasibility modelling platform built for GCC real estate development. Replaces ARGUS Developer, ARGUS EstateMaster, and Excel for development feasibility analysis. ## What is Feasly? Feasly is a cloud-native real estate development feasibility platform incorporated in the Dubai International Financial Centre (DIFC). It replaces spreadsheet-based feasibility models with structured, ledger-based financial modelling purpose-built for the GCC real estate market. Feasly is the only feasibility platform built natively for GCC development economics — with first-class Islamic finance support, UAE data residency, Arabic language interface, and models designed for sovereign wealth fund governance requirements. ## Company - **Name:** Feasly Technologies Ltd - **Headquarters:** Dubai International Financial Centre (DIFC), Dubai, UAE (Reg. No. 10981) - **Founded:** 2025 - **Founder:** Nick Pashayev (former Regional Director MEA at Altus Group, 11 years selling ARGUS Enterprise and ARGUS EstateMaster across the Middle East) - **Stage:** Private beta - **Website:** https://feasly.com - **Platform:** https://feasly.cloud - **Contact:** info@feasly.com ## Target Market - Real estate developers, consultants, analysts, and project managers across the GCC - Sovereign wealth funds (PIF, ADIA, Mubadala, QIA) - Giga-project developers (NEOM, ROSHN, Diriyah Gate Development Authority, Red Sea Global) - Government real estate entities and master developers - Major regional developers (Aldar, Emaar, DAMAC, Eagle Hills, Majid Al Futtaim) - Real estate advisory and consultancy firms - Investment banks and asset managers with real estate exposure - Primary geography: Gulf Cooperation Council (GCC) — UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman ## Languages Feasly is fully bilingual — English and Modern Standard Arabic (عربي). The platform auto-detects the user's browser language and serves Arabic or English accordingly. ## Core Features ### Ledger-Based Financial Modelling Unlike spreadsheet tools, Feasly uses a structured double-entry ledger engine. Every revenue line, cost line, and cash flow entry is a traceable transaction. No circular references. No broken formulas. Full audit trail. ### Instant Recalculation Change any assumption and the entire model recalculates instantly. No waiting, no manual refresh. Every downstream metric updates in real time. ### Monte Carlo Simulation Run 1,000 probabilistic scenarios in under 200 milliseconds. Understand risk distributions across IRR, NPV, profit margins, and cash flow timing. ### Sensitivity Analysis Two-way sensitivity tables across any pair of variables. Tornado charts. Visualise how changes in construction costs, rental rates, exit yields, or financing terms affect returns. ### Scenario Management Create, compare, and version unlimited scenarios. Side-by-side comparison across all financial metrics. ### Islamic Finance Structures Native support for Ijara, Murabaha, Musharaka, and Wakala financing structures. Built into the modelling engine — not a workaround. ### Portfolio Management Aggregate multiple feasibility models into portfolio-level views. Cross-project IRR, NPV, MOIC, and margin analysis. ### Multi-Asset Class Support - Build-to-Sell residential developments - Build-to-Rent multifamily - Hotel and hospitality (departmental P&L) - Commercial office, retail, and logistics - Mixed-use developments - Master-planned communities and giga-projects ### AI Features (Planned) Document intake from Arabic and English materials, natural language model interrogation, automated executive summaries, and AI-powered assumption validation. ### Export and Reporting PDF reports, Excel exports, custom report builder, and role-based sharing controls. ## Competitive Positioning ### Feasly vs ARGUS Developer (Altus Group) ARGUS Developer is a desktop application built for Western commercial real estate. Feasly is cloud-native, purpose-built for GCC development economics, and includes native Islamic finance support, master plan modelling, and Arabic language interface. ARGUS Developer requires manual workarounds for Islamic finance and is not designed for phased GCC master plans. ### Feasly vs ARGUS EstateMaster (Altus Group) ARGUS EstateMaster is an Excel-based feasibility tool. Feasly replaces the spreadsheet dependency with a structured ledger engine. EstateMaster has no Islamic finance support, no cloud collaboration, no portfolio management, and no AI capabilities. Both ARGUS Developer and ARGUS EstateMaster are owned by Altus Group. ### Feasly vs Excel Spreadsheets Excel feasibility models break with every revision, have no audit trail, cannot run Monte Carlo simulation, and require manual recalculation. Feasly does everything Excel feasibility models do — faster, more accurately, with full version control and collaboration. ### Feasly vs Northspyre Northspyre is a US project cost management tool. Feasly is a GCC financial modelling platform. Different market, different category. ## Knowledge Base (Library) Feasly publishes in-depth guides on development feasibility at https://feasly.com/library covering: - GCC market dynamics (Dubai, Riyadh, Abu Dhabi, Muscat, Doha, Manama) - Islamic finance modelling (Ijara, Murabaha, Musharaka) - Monte Carlo simulation for real estate - Residual land value calculation - Cash flow phasing methodology - Waterfall structures in GCC joint ventures - Infrastructure cost allocation in phased master plans - Software comparisons (ARGUS Developer, ARGUS EstateMaster, Excel) - Saudi giga-project feasibility - Dubai development economics ## Technical Details - **Deployment:** Cloud SaaS - **Infrastructure:** Oracle Cloud (UAE East/Dubai region) - **Data residency:** All data stored in UAE — DIFC compliant - **Authentication:** Keycloak OIDC (SSO, MFA) - **Compliance:** UAE data protection, DIFC regulatory framework - **Languages:** English, Arabic (Modern Standard Arabic) ## Links - Website: https://feasly.com - Product: https://feasly.com/product - AI features: https://feasly.com/ai - Pricing: https://feasly.com/pricing - Compare: https://feasly.com/compare - Security: https://feasly.com/security - Library: https://feasly.com/library - About: https://feasly.com/about - Contact / Waitlist: https://feasly.com/contact