What's This Dubai Apartment Worth?
From the neighbourhood, size, rooms and a long list of amenities, what price does this apartment's listing suggest? Investors compare it with the asking price before they bid.
The table
1,905 Dubai apartment listings with neighbourhood, coordinates, size, bedrooms, bathrooms and amenities such as a pool, gym or sea view, and the price. It's in Welt's research catalogue as Dubai Apartment Properties, 1,905 rows by 37 columns, licensed CC0: Public Domain. The catalogue measures its signal at 0.81. At 1,905 rows and 36 features, TabICLv2, Kumo Tabular Medium and Mitra-v2 take the table as it is. The others can't take a table this size, so the walkthrough leaves them out.
Walkthrough
Load it from the catalogue
Find the table, read its recorded target and print the column names.
import pandas as pd from welt import Client with Client() as client: item = client.research_datasets(q="Dubai apartment properties", limit=1)["items"][0] info = client.research_dataset(item["id"]) data = client.load_research_dataset(item["id"]) target = info["targets"][0] target = target["name"] if isinstance(target, dict) else target print([column["name"] for column in info["schema"]], target)Pick the rows
Set aside 20 rows to predict at the end, and keep the rest for the models to learn from.
known = data.dropna(subset=[target]) new_rows = known.sample(20, random_state=1) table = known.drop(new_rows.index)Compare the models and predict
The models compete on the same folds against a simple guess, then the top-ranked one is fitted on the whole table. RMSE and MAE are average errors in the target's own units, so lower is better. The last table puts each prediction next to the real answer.
with Client() as client: evaluation = client.evaluate(table, target, task="regression", seed=7, models=["tabicl-v2", "kumo-medium", "mitra-v2"]) model = evaluation.fit() print(evaluation.summary()[["name", "rank", "rmse_mean", "mae_mean"]]) features = new_rows.drop(columns=target) print(pd.DataFrame({"actual": new_rows[target].values, "predicted": model.predict(features)}))
What you get
Try it
Use Open with to run the research datasets notebook in Colab, Kaggle or Jupyter and search for "Dubai apartment properties", or run the code above after pip install "welt-client[parquet]".
Open with
- Type
- Use case
- Area
- Finance
- Question
- What's This Dubai Apartment Worth?
- Model
- TabICLv2, Kumo Tabular Medium, Mitra-v2
- Data
- Dubai Apartment Properties, 1,905 rows
- For
- Property investors and agents in the Gulf
- Licence
- CC0: Public Domain