TruEstimate™ Now Guides 50% of Dubai's Ready Property Deals

In a major leap toward price transparency in Dubai's real estate market, Bayut’s AI-powered valuation tool, TruEstimate™, has become a decisive factor in half of all ready property transactions as of May 2025.

The advanced pricing tool, launched in June 2024, was designed to reduce subjectivity in real estate valuations and provide data-backed benchmarks for both buyers and industry professionals. Within a year, TruEstimate™ has seen rapid adoption, particularly in the ready secondary market segment where price accuracy is crucial for negotiation and buyer confidence.

“We introduced TruEstimate™ to bring confidence and consistency to real estate pricing,” said Haider Ali Khan, CEO of Bayut & dubizzle and Head of Dubizzle Group MENA. “The fact that every second ready transaction is now supported by our technology is a testament to the market’s trust in Bayut’s data capabilities and our commitment to elevating the property journey for all stakeholders.”

Rapid Growth in Market Adoption

Just ten months ago, only 6% of ready property transactions were supported by a TruEstimate™ report. By May 2025, that number had surged to 50%, representing over 300,000 reports generated since launch, 80% of which focused on ready units.

This uptake signals a growing shift in buyer and seller behaviour, with market participants seeking more price clarity and objective data when closing deals. The tool’s integration into everyday transactions underscores a wider trend: technology-led decision-making is now a core part of Dubai’s real estate landscape.

Endorsed by the Dubai Land Department

TruEstimate™’s credibility has been further strengthened by its official endorsement from the Dubai Land Department (DLD). The support positions the tool as a critical component in the Emirate’s strategic push for a data-driven property sector, in alignment with the Dubai Economic Agenda (D33), a roadmap that envisions Dubai as one of the world’s most transparent and investor-friendly markets.

Expanding Reach and Capabilities

Looking ahead, Bayut plans to extend TruEstimate™ across new property types and geographies, working alongside real estate agents, developers, and regulators. This expansion aims to reinforce the platform’s role as the UAE’s most reliable source of price intelligence, strengthening trust, reducing friction, and driving smarter financial decisions across the board.

As Dubai’s property market continues to evolve, the rise of AI-powered tools like TruEstimate™ illustrates how technology is reshaping the real estate experience, for buyers, sellers, and professionals alike.