Delivering the best services, products and features and creating a comprehensive universe of helpful resources for anyone searching for properties in the UAE has been central to the Bayut ethos. This year we have had the pleasure of achieving several amazing milestones; whether it’s hosting the region’s biggest property summit ever, emerging as market leaders in May and steadily attracting more and more users or reaching record high traffic of over 3 Million monthly sessions; 2019 has been the year that we were truly able to push the envelope and create a tangible change in the country that we are proud to call our home! Adding to this incredible list of achievements, we were recognised by Forbes Middle East with a special award that exemplifies our commitment to the UAE real estate market. On Monday, 18 November 2019, Bayut was awarded the title of the ‘Best Property Portal’ in the region by the Forbes Middle East, for transforming the region’s real estate market. This amazing award is a testament to the hard work and dedication of the entire Bayut family and one which showcases how far we have come in the last few years.
The award from Forbes ME, which celebrates our efforts towards disrupting the UAE real estate market, caps off an eventful and successful year for the Bayut team. Not only have our users and clients benefitted from our constant efforts to improve the search experience, but with the increasing traffic numbers we are able to see how much people are counting on Bayut to support them through every step of the property search process through supplementary features such as in-depth Area Guides, detailed Building Guides and informative articles on the MyBayut Blog. These innovative additions have contributed to Bayut being honoured with the Best Property Portal award by Forbes Middle East, an accomplishment that the entire team is proud and thrilled about!
Haider Ali Khan on the Cover of Forbes ME
Adding to our joy on receiving this recognition, our CEO Haider Ali Khan was also unveiled on the Cover of Forbes Middle East’s November Arabic edition! He joins a prestigious list of GCC’s top entrepreneurs and leaders including Ghassan Aboud, Elias Murr and renowned artists and musicians including local favourite Hassan El-Shafaei and Bollywood sensation Shah Rukh Khan. Other international tech leaders who have graced the Forbes magazine cover in the recent past include Microsoft’s Satya Nadella and Instagram’s Kevin Systrom. To join this illustrious list is indeed a proud moment for the entire Bayut family.
This accolade and recognition by a renowned publication such as Forbes Middle East highlight Bayut’s impact and contribution to the region’s property market. As a homegrown brand that has always endeavoured to address the needs of the local population, the fact that our leader has been featured on the Arabic cover, makes the moment even more special! We would also like to extend hearty congratulations to His Excellency Eng. Marwan Ahmed bin Ghalita, the CEO of RERA who is featured on the English edition of the Forbes ME. It’s an honour to share this special recognition with him.
The Best Property Portal Award and How Bayut Has Transformed the Region’s Real Estate Market
Being a real estate portal that is trusted by millions of people around the UAE, we have always taken our responsibility to serve the needs of our users extremely seriously. We have never attempted to follow a set path, we have defined our own way and kept moving steadily to reach the pinnacle of success. The result of this approach is that we have been able to offer services and come up with out-of-the-box ideas that transform traditional norms.
This year we hosted the biggest inaugural real estate summit of the region with the Bayut Big Broker Event 2019, attended by close to 1,000 agents, to raise awareness and stimulate discussions around market conditions. We decided to invest time and effort to conduct this landmark event to identify and offer services and solutions that users are looking for.
During the event, we announced the launch of several bespoke features including the regions only standardised 2D and 3D floor plans of 45,000 plus layouts, giving end users a birds-eye view of the properties they are interested in.
Another unique launch was the BayutPro app, the first-of-its-kind lead management system that enables agents to easily track leads and manage listings on the go using cutting edge smart technology integrated with AI solutions. The app, which has already been well received by the real estate fraternity is also helping end-users. Using BayutPro agents can verify the availability and validity of properties with the new TruCheck™ badge, which will help users to easily identify properties which are still on the market.
The ‘Best Property Portal’ award by Forbes Middle East is a reflection of Bayut’s position as the market leader in the regional real estate market. Bayut’s services and products have been designed to meet the needs of our clients and users, using timely investment into research and technology.
Our primary focus has always been to provide the right guidance to people and help them in the journey to finding their new home. Whether they’re looking to rent or buy, as seasoned expats or new visitors on the cusp of exploring life in the city, Bayut is the best partner to help you research about ‘all things real estate’.
All of these factors have contributed to Bayut’s strong presence in the market, enabling us to make tangible differences and impact the way property search is perceived in the region.
Bayut’s latest commercial featuring Chris Hemsworth is also the largest and most successful marketing effort by a real estate company in the region, which points to our dedication to elevating the market and the country as a whole. Transforming the region’s real estate with valuable inputs and measurable successes will continue to be our motto at Bayut.
Commenting on both these incredible feats, Haider Ali Khan said:
“It is an honour to be recognised as the ‘Best Property Portal’ by a name like Forbes Middle East. We truly believe that success is earned through honesty, ownership and innovation. Every step that Bayut has taken has always been to build on the strength of the brand and keep growing to achieve what is best for the industry as a whole. We have never believed in or taken shortcuts and today we proudly stand as market leaders in UAE’s property classifieds space.
This recognition by Forbes Middle East is a result of the dedicated hard work of every member of the Bayut family. While we are certainly proud of receiving this award, it does not change our focus, which is to work with the same fervour as we did in the past to help solve challenges that face our industry. Our eyes are set on the future and all of us at Bayut look forward to pushing the envelope further for the real estate market in the region!”
About Forbes Middle East’s Building the Future event
Forbes Middle East is one of the leading business publications in the region with a keen focus on technology, entrepreneurship and marketing. Forbes ME is a part of the larger Forbes network which has an impressive history of publishing high-quality content pertaining to finance, leadership and innovation for well over 100 years! Being recognised by such a prominent authority is a privilege that we are glad to have earned.
The distinguished ‘Building the Future’ event, which was held at JW Marriott Marquis Hotel featured panel discussion with leaders including Mahmoud Al Burai, Senior Advisor to RERA, Khalifa AlSuwaidi, CEO of ERES Dubai Land Department, Dr Martin Berlin, Partner & Global Deals Real Estate Leader at PwC and Eng. Sami Abdulaziz Al Makhdoub, CEO of Knowledge Economic City. After the stimulating conversation, His Excellency Eng. Marwan Ahmed bin Ghalita, the Guest of Honour, presented the deserving winners with the awards and unveiled both the covers at the star studded event.
Several leading real estate companies and developers were honoured by Forbes Middle East at the event. We extend our hearty congratulations to all the winners!
Want to read more on Bayut’s achievements and milestones? Stay updated on the behind-the-scenes action with our Bayut After Hours section. Read up on our latest marketing campaign featuring Chris Hemsworth, and watch the much-talked-about commercial. And discover more about BayutPro, the exclusive app for real estate agents that helps them manage their leads and become real estate pros.