PropTech solutions, such as the TruEstimate, offered by Bayut, are changing real estate in Dubai with the insights of AI and making property decisions more carefree and data-driven.

The huge number is an indicator of a paradigm shift in the UAE PropTech landscape as, after one year; Bayut has achieved more than 300,000 TruEstimate reports in generation. The data-driven digital transformation and shift in behavior of the users in the vibrant Dubai real estate market are causing revolutionary changes, including the AI-based valuation analyzer.

This announcement comes on the heels of the recently opened Dubai PropTech Hub, a government initiative to rapidly advance the use of technology in the property value chain. With the growing insights necessary to engage with investors as well as home seekers with transparency and the ability of technology, Bayut has revolutionized the way decisions are made with TruEstimate and Bayut GPT.

PropTech is not a buzz term anymore, and it is the foundation of more intelligent real estate deals. Prediction analytics have led to landlords who were quick to make adjustments in prices and brokers who used it to more effectively engage their clients, and data has been established as the trust and strategy core.

The tools developed by Bayut are now the first point of call in the property-seeking processes as there are more than 25 thousand monthly engagements on Bayut GPT alone. Antonello Supino, Data Director at Bayut, said that the next stage will not only be characterized by inventory but also by intelligence, which he added will make the difference.

Through the ongoing digitalization and AI adoption, Dubai is also making a claim of becoming a global leader in PropTech. The government's support is not only injecting innovativeness but also creating confidence in making property choices that heavily rely on technology.

With the rate at which PropTech is taking off in the UAE, the real estate industry is being coded, knowledge and power to the people.