Dubai launches AI-powered property valuation tool

File Picture

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.

More from Business

Coming Up on Dubai Eye

  • The Best of Dubai Eye 103.8

    Noon - 4:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

  • Extra Time At The Weekend

    4:00pm - 7:00pm

    Passionate about sport? Then this is where you belong. Tom Urquhart, Chris McHardy and Robbie Greenfield are joined by an elite team of guests each week to look at all the sporting highlights of the weekend.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!