UAE-based real estate search engine platform Bayut has revealed that its artificial intelligence (AI)-powered property valuation tool, TruEstimate™, was utilized in 50% of all ready property transactions in Dubai in May 2025. This significant milestone highlights the tool’s growing influence in the real estate market.

TruEstimate™ was launched in June 2024 to provide both property seekers and real estate professionals with data-driven price benchmarks, addressing the long-standing challenge of subjectivity in property valuations. Over the past year, the adoption rate of TruEstimate™ has surged, especially within the ready secondary segment, where pricing transparency is crucial for negotiations and buyer confidence.

In July 2024, only 6% of ready secondary transactions were supported by a TruEstimate™ report. By May 2025, this percentage had dramatically increased to 50%, indicating that one out of every two deals was backed by the pricing tool before closing. Since its launch, more than 300,000 reports have been generated, with 80% focusing on ready secondary units, which underscores the tool’s growing relevance in this market segment.

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

Looking ahead, Bayut plans to expand TruEstimate™’s coverage across additional geographies and property categories. This expansion will involve collaboration with agents, developers, and government partners to further its goal of creating the most transparent and efficient property marketplace in the UAE.