You now have exclusive access to authentic transactions data for properties in Dubai with our newly added Transactions Insights on Profolio™!
Transactions is a new addition to the highly intuitive set of data metrics which already includes helpful information such as advertised prices, shared through Insights in Profolio™ . You can now also have access to the recorded sales and rent transactions in Dubai’s property market:
- The sales transactions for ready and off-plan properties are sourced from DLD’s data
- The rent transactions are based on the transactional data uploaded on Profolio™ by registered agents, which is further authenticated by Bayut’s support team
Our new Transactions feature enables you to analyse price trends and evaluate demand for different property types and locations in Dubai. Using these valuable insights you can devise effective pricing strategies and have an official platform to help educate sellers and landlords on the market average for properties in Dubai.
Transactions insights are available effective today and being rolled out in select locations in Dubai. We will continue to add data for additional locations in the forthcoming phases.
How can you use Transactions on Profolio™?
You can access this new feature on Profolio™ through Insights, which offers dedicated subsections for Competitive, Market and Transactional data.
On the Transactions homepage, you can use the search bar to view transactions for a specific location in Dubai. You can use additional filters to narrow down your searches based on property type, number of bedrooms, price range and square footage.
Once you have selected the filters, you can gain an overview of the location and property type using the average transaction and asking prices as well as gather insights about the transaction volume and price trends.
How can you claim your deal or add transactions on Profolio™?
You can now maintain a comprehensive record of your sales and rental transactions on Profolio™ to evaluate your performance, identify areas for improvement and explore new opportunities for your business!
If you recognise a sales transaction provided by DLD as a deal that you have closed, you can select the ‘Claim’ option to mark that transaction as your own.
To claim a sales transaction, you will need to provide the property details and upload the relevant documents such as the title deed, a copy of the buyer’s passport and Form F/MOU.
These documents will be validated by Bayut’s support team, following which, a blue tick will appear beside the transaction on Profolio™, indicating that it has been claimed. It will also be added to your My Transactions section, enabling you to keep track of your previous and current sales transactions.
Similarly, you can also upload your transactions on Profolio™ using the ‘Add Transaction’ option. Once the necessary documents have been successfully authenticated by our team, the transaction will appear as a part of Insight’s Transactions and the My Transactions view.
We’re committed to providing our clients with advanced resources and accurate data to enhance their efficiency and productivity. Launching the Transactions insights in its first phase is a testament to our continued efforts to support the evolving needs of the industry. Stay tuned for even more refined data with sophisticated filtering systems in phase two, which will be launched soon.
