In a major tech breakthrough, Dubai Land Department (DLD) has launched an AI-based valuation platform to streamline property pricing and bring full transparency to real estate transactions. The move is expected to reduce turnaround times for valuations from 10 days to under 30 minutes.
The smart valuation system integrates data from over 1 million transactions, geospatial analysis, property specs, and current market trends to generate accurate price assessments. This initiative aligns with Dubai’s Smart Government goals and further boosts investor confidence.
DLD officials confirmed that the system is now live for brokers and buyers through their e-services platform and will soon roll out API access for banks and valuation firms.
According to DLD, this platform will:
– Eliminate manual pricing discrepancies
– Offer real-time data-backed estimates
– Reduce dependency on third-party valuation consultants
This initiative positions Dubai as one of the few global cities with full-scale AI adoption in real estate pricing, further enhancing its global competitiveness and appeal to institutional investors.
The system also integrates with RERA’s governance tools to detect anomalies or valuation abuse — a move expected to clean up pricing inflation in emerging communities.
For everyday investors, this means better decision-making and more power to negotiate fair deals. For developers, it could impact pricing strategies based on transparent benchmarks.
Whether you’re buying a villa in Arabian Ranches or investing in a Downtown apartment, Dubai’s AI valuation tool offers an objective layer of clarity to every transaction.