Prime Highlights:
- TruEstimate now supports half of all property transactionsin the UAE, showing its growing role in the real estate market.
- The tool helps buyers, sellers, and agents make more confident and informed decisionsby providing reliable property data.
Key Facts:
- Since its launch in June 2024, TruEstimate has generated over 400,000 valuation reports, averaging nearly 926 reports per day.
- Of these reports, 83% were for ready propertiesand 17% for off-plan transactions, highlighting its broad use across the market.
Key Background:
TruEstimate, Bayut’s property valuation tool, is becoming an important part of the UAE real estate market, now used in half of all property transactions. The trend, first seen in May, has continued through the summer, showing the growing value of reliable property data for buyers, sellers, and agents.
Throughout the 14 months of operation since its opening in June 2024, TruEstimate has already produced more than 400,000 reports with an average of 926 reports a day. The tool helps make the market more transparent and allows people to make better and more confident decisions.
The tool has had a big impact on the secondary ready property market. Back in July 2024, just a small portion, around 6%, of ready property sales relied on TruEstimate. By July 2025, this number had jumped to 55%, showing how it has become a key part of property transactions in the UAE.
To date, the 400,000-plus reports have included approximately 334,000 (83) ready property reports and 66,000 (17) supporting off-plan transactions. This indicates that the instrument is being relied upon in various types of properties.
Commenting on the growing adoption, Haider Ali Khan, CEO of Bayut and Dubizzle Group MENA, said, “This isn’t just a one-time achievement; it’s a trend that continues over time. It is encouraging that half of all property transactions supported by TruEstimate have been supported by this fact.”
Bayut is focused on keeping the UAE property market transparent and trustworthy. The company intends to use TruEstimate to make property deals faster, simpler, and more reliable, and make the UAE a risk-free place to invest in property.
