Bayut, in collaboration with the Dubai Land Department (DLD), has launched TruEstimate, an AI-powered property valuation tool in the UAE.
By integrating Bayut's data with DLD's property databases, TruEstimate aims to offer accurate property valuations and data-driven insights.
The tool is deisgned to enhance transparency and trust in Dubai’s real estate market, supporting stakeholders in making informed decisions and optimising investment strategies.
TruEstimate underscores the synergy between private and public sectors in advancing market innovation and user experience in real estate.
To learn about the estimated property value, rental yield, property history, and comparisons with similar properties, users can input their property details - such as Title Deed, Oqood Contract, Unit Number, or DEWA Number - into the platform, which then generates a detailed report.
The partnership supports Dubai's Services 360 policy, to streamline service delivery by integrating data systems across government entities, reducing customer data requirements, and facilitating seamless access to services.
Australia moves to double fines for fuel gouging amid shortages
Gulf stocks mixed amid confusion over US-Iran talks
Australia, EU seal long-awaited trade deal
Weaponising Strait of Hormuz is an act of economic terrorism: Sultan Al Jaber
IEA consulting with governments on further oil stock releases, chief Birol says
