Get to know TruEstimate™ – Property valuation made smarter
Imagine you could ascertain your property’s valuation with just a few clicks. Well, now you can do exactly that and get all the data you need about properties in the area with Bayut’s innovative new feature, TruEstimate™. With TruEstimate™, you can find precise, data-driven property valuations. The insightful and easily accessible information that TruEstimate™ provides is a true game-changer amidst the immensely competitive real estate landscape of Dubai.
Curious how you can make the most of TruEstimate™ during your property search journey? Let us take you through how to use and benefit from this extremely helpful feature.
Accessing TruEstimate™
TruEstimate™ offers accurate property valuations based on data from the Dubai Land Department. You can access the feature directly from Bayut’s homepage or by navigating to the Market Intelligence tab.
Once you’re on the page TruEstimate™ page, enter one of the following details of the property:
- Title Deed: Enter the Title Deed number and year, along with the property type (land, apartment/flat, villa).
- Oqood: Enter the Oqood contract number and year, along with the property type (land, apartment/flat, villa).
- Unit Number: For apartments, hotel apartments and penthouses, enter the building name and the unit number. For example Princess Tower, Unit 1001.
- DEWA Number: Enter the 9-digit DEWA premise number.
After submitting the property details, you have to verify essential information such as the number of bedrooms, built-up area mortgage status and more.
Once you confirm these details, you will receive a comprehensive TruEstimate™ report. This report offers a compendium of data about the property, including:
- Estimated Property Valuation: An accurate market value of the property.
- Rental Yield: Gross projected rental income as a percentage (factoring in rental prices and service charges).
- Comparison to Similar Properties: How the property stacks up against similar properties for sale and rent.
Take a look at the sample TruEstimate™ report below for an example of the unique analysis provided:
Using your TruEstimate™ Report
With the TruEstimate™ report, you can get a holistic view of the property – including valuation estimations, rental yield and comparisons. This feature on Bayut can be incredibly useful if you plan on buying or selling property and need in-depth information. It’s unparalleled as a research resource.
Your TruEstimate™ report can save you valuable time when making crucial decisions in the property market. Being able to access data such as rents in similar properties and rental yields, makes making the right decision considerably more likely – whether you plan on buying or selling in Dubai. All you have to do is download the TruEstimate™ report – which is also shareable via PDF, email, WhatsApp and URL link.
Frequently Asked Questions
How can I use a property valuation report?
Property valuation reports are useful for both selling and buying property. As a buyer, you can use property valuations to source the accurate prices of the area you’re interested in.
What are the other Bayut features available for Dubai property seekers and sellers?
Another excellent tool to be able to understand the Dubai property market is Dubai Transactions. It offers actual real estate transaction data from the Dubai Land Department. You can use it for both sales and renting in Dubai, as it offers all the information one needs to stay informed about the real estate market.
How can I buy a property in Dubai?
The process of buying property in Dubai is fairly straightforward – but always remember that your property-purchasing journey should start with Bayut, the UAE’s Leading Property Website.
If you’re keen on just exploring the market, or you’re looking to kick off your property journey, head over to TruEstimate™on Bayut and check the feature out for yourself.
