TruEstimate Backs Half of UAE Property Deals: Bayut
<p><strong>Dubai, UAE – September 8, 2025:</strong> Bayut has announced that its <strong>AI-powered property valuation tool, TruEstimate</strong>, is now supporting <strong>half of all property transactions in the UAE</strong>, underscoring its growing influence in the real estate sector.</p><p>Since its launch in <strong>June 2024</strong>, TruEstimate has produced <strong>over 400,000 reports</strong>, averaging nearly <strong>926 reports per day</strong> over the past 14 months. The tool has become a key driver of <strong>data-driven transparency</strong>, helping buyers, sellers, and agents make <strong>confident and well-informed decisions</strong>.</p><h3>Rapid Adoption in the Market</h3><p>The tool has had its most notable impact in the <strong>secondary ready property segment</strong>. In <strong>July 2024</strong>, only <strong>6% of ready property transactions</strong> used TruEstimate. By <strong>July 2025</strong>, this share jumped to <strong>55%</strong>, highlighting the tool’s increasing role in shaping real estate decisions.</p><p>Currently, <strong>one in every two property deals in the UAE</strong> relies on a TruEstimate report prior to closing, setting a new <strong>benchmark for reliability and trust</strong> in the industry.</p><p><strong>83% (334,000 reports)</strong> were for <strong>ready properties</strong></p><p><strong>17% (66,000 reports)</strong> supported <strong>off-plan projects</strong></p><h3>Industry Response</h3><p><strong>Haider Ali Khan</strong>, CEO of Bayut and Dubizzle Group MENA, said:<br><i>"This milestone reflects more than just numbers — it shows a consistent trend. One in two property transactions backed by TruEstimate demonstrates the value of verified data. It has become an essential tool for buyers, sellers, and agents alike."</i></p><h3>Promoting Transparency and Efficiency</h3><p>With adoption continuing to rise, Bayut is committed to embedding <strong>AI-driven insights</strong> into everyday real estate practices. The aim is to enhance <strong>trust, efficiency, and accountability</strong>, further cementing the UAE’s position as a <strong>global hub for property investment</strong>.</p>