Abu Dhabi-listed RAK Properties releases construction update on 8 projects
Several assets in Mina master development nearing completion. Abu Dhabi-listed RAK Properties intends to expand by launching a series of...
Dubai, UAE – 4 Feb– Bayut, the UAE’s leading PropTech portal, has reported strong early traction for its newly launched TruEstimate™ Rental Reports, with more than 1,000 rental reports generated within the first six days of launch. The feature continued to see rapid uptake, with the number climbing to over 3,000 reports in just 20 days, signalling a clear rise in demand for accessible rental pricing intelligence.
The early adoption reflects a broader market shift towards data-driven decision-making in the UAE rental sector, as tenants, landlords, and investors increasingly seek reliable benchmarks to guide negotiations, validate expectations, and minimise uncertainty in an evolving market.
TruEstimate™ Rental Reports provide users with rental pricing context based on available transactions and advertised data for comparable properties within the same area, helping to bridge the gap between listing prices and real market behaviour.
While the UAE property market continues to mature through increased transparency and regulation, Bayut’s early performance metrics indicate that property data tools are no longer “nice-to-have” features but are quickly becoming essential decision-support services for end users.
Commenting on the end-user interest, Muneeb Farrukh, the VP of Product for Bayut said:
“Rental pricing decisions are typically driven by guesswork, which creates friction for both, landlords and tenants. From a product standpoint, this level of early adoption indicates strong product-market fit. When users can anchor their expectations to real market data, the decision cycle becomes more efficient and outcomes become more aligned.”
As the market continues to evolve, the rapid growth in usage of TruEstimate™ Rental Reports highlights the increasing role of property technology in enabling more informed and confident choices across the rental journey.
Developers News Magazine (DNM) is a news website and monthly online digital magazine that focusses on news related to developers and off-plan projects including new project launches, project updates, market insights, as well as on-going reports and statistics.
© 2026 Developers News UAE. All rights reserved.