In the technology-forward country UAE, where people are dependent upon apps to smoothly live their daily life, apps like Bayut are a blessing. Bayut has made the whole house hunting process easy by providing a common ground for the stakeholders of the real estate industry to connect.
As you see, the real estate industry in the UAE is booming; you must seize this opportunity and develop an app like Bayut with more advanced features. An app that can outperform Bayut with more unique and smart features that make house hunting fun can lead the market.
If you want to know everything about the real estate app Bayut and wish to develop a similar app that rocks the market, this article is for you.
Let’s dig in for detailed knowledge.
What is the Bayut App?
Bayut is one of the leading names among the different real estate mobile apps in the UAE to find commercial, residential, and off-plan properties. Bayut, the real estate app, has a vast listing of properties like villas, apartments, shops, and townhouses.
A huge number of people in cities like Dubai, Abu Dhabi, and Sharjah use this app daily to rent, sell, and buy these properties. The Bayut app acts as a melting pot for the stakeholders of the real estate industry, like buyers, sellers, and tenants, to connect. This real estate has been downloaded by more than 1 million users from every operating system.
Bayut is home to almost 1200 agencies, and its website has over 2.8M visitors each month. So, if you build an app like Bayut but more advanced with better features, chances are there it will outperform the leaders.
Market Stats about Bayut and Property Search Apps in UAE
Let’s look down into some of the important market statistics about Bayut and property hunting apps in the UAE. The statistics will make it clear why businesses should invest in the growing real estate market of the UAE and build a property listing app like Bayut.
It is expected that the real estate market in the UAE will witness a drastic growth and by 2025 it will be worth $0.69 trillion. In the same year, it is expected that the residential real estate section is going to dominate the industry, generating around $0.40 trillion in sales. The market size of the real estate industry is getting bigger at a growth rate of 2.45%, which is estimated to be $0.76 trillion between 2025 to 2029.
Additionally, the UAE property and community management market size was estimated at USD 3.42 billion in 2023 and is projected to grow at a CAGR of 12.3% from 2024 to 2030.
The rise in mobile app usage has witnessed a significant change in the property buying and renting patterns. The real estate mobile apps are gaining popularity in the UAE, and the leading player, Bayut, has witnessed over 400 million website views per year. Similarly, the Bayut app has registered more than 87.2 million visits, making it one of the trusted property search apps.
The real estate sellers and landlords use the app Bayut to sell and rent properties, which has more than 1 million listed properties. In the last quarter of 2024, Bayut has recorded more than 48,000 property sale transactions, the cost of which was over $32.4 billion in Dubai.
Why Invest in Building an App Like Bayut?
Today, more people are showing their interest in buying properties in the UAE, so investing in an app like Bayut can streamline the whole process. We delve into more detail on why investing in creating an app like Bayut is profitable.
Let’s take a look.
♦ Benefits for Businesses
Investing in building an app like Bayut can be profitable for businesses as they can connect buyers with sellers without the intervention of brokers. This not only makes it easy but will also help the users to sell and purchase properties at a much lower cost.
Such real estate apps also come with the chance for businesses to monetise from the in-app sales and purchases. The businesses can monetise from the Bayut app through advertising, subscription plans, and paid premium property listings. These tactics not only help businesses to drive revenue but also offer an optimum user experience.
♦ Benefits for Users
The real estate app also comes with great benefits for the users, and businesses should make an app like Bayut, which has great features. This investment will offer property buyers to use advanced search filters and look for their dream property by price, location, size, and more. This will save time and effort for the property seekers and offer a more personalized experience.
Additionally, the real estate app like Bayut also offers smart features like a virtual 3D tour of the properties, which eliminates the hassle of visiting properties physically. These apps also come with the leverage of secure payments, allowing users to upload documents directly in the app to avoid meetings and in-person paperwork.
♦ A Growing Population and Smartphone Usage
In the UAE, the population is booming with more people moving to the country to fulfill the demand for high-standard living. Additionally, the UAE is a technology-forward country where smartphones are widely used to lead a hassle-free life.
For both of these reasons, developing an app like Bayut is a profitable move. As the population increases, people are seeking their dream home, and with the widespread use of smartphones, real estate apps will make house hunting easy. The real estate app will act as a smooth getaway for home seekers to connect with the agents, sellers, etc, from anywhere and at any time.
Key Features of the Bayut App
After looking at the statistics, if you are planning to build an app like Bayut, then you should know about its features to include in your real estate app. Here we have mentioned some of the key features of the Bayut real estate app that you can convey to a mobile app development company in Dubai.
Let’s dive into them one by one.
1. Smart Search Filter
Give your users the leverage to search for properties according to their preferences by incorporating a smart search filter.
This search filter will allow the property hunter to search for their dream home as per their type, location, category, and price. This feature will help buyers to choose and buy an ideal property in the UAE.
2. High-Quality Images
To finalise a suitable property, buyers must get a clear idea about the quality and positioning of the house. The app, like Bayut, allows property listers or owners to upload only high-quality property pictures.
Moreover, such real estate apps give a virtual tour and 360 views of the property to potential buyers; there should be high-resolution pictures and videos of the property. This feature makes it accessible for the buyers to explore the properties without physically visiting them.
3. View of Maps
Location plays an important role for buyers to decide upon a property, and Bayut has the map features. This feature lets potential buyers explore the whole area of their property, allowing them to check the nearest markets, schools, and other crucial amenities. So, it will help the buyers to make an informed buying decision, looking into the surroundings of the property.
4. Suggest Properties as per Location
The real estate property listing app can access the location of the users, which helps them to suggest nearby properties. This saves a lot of time and effort for the buyers who are required to find a property at a suitable location.
The app can also detect good properties in users’ nearby locations and suggest them accordingly.
5. Real-time Communication
The app offers users complete details of the agents or the property owners, which helps in connecting with them. For some users who are sceptical about sharing their contact information with any random agents, they got the freedom of real-time chat. Buyers can communicate with the agents in real time through the app’s chat features.
Steps to Build an App Like Bayut
After knowing the features, you must be ready to build a property search app with unique functionalities that beat the competition. It is best to hire a real estate app development company in Dubai to save your time and enjoy the best outcomes.
Here are the steps that the app development company will follow to make an app like Bayut to meet the requirements of people.
Step 1: Thorough Market Research
Before delving into developing a property search app, the company will do thorough market research, which mainly includes competitor research. They will study the competitor apps, which help them to understand the features, functionalities, and the tech stack used.
These will help them to understand the market demand that they are lacking. It comes with a good opportunity to develop a property research app that meets the market requirement and tops the competition.
Step 2: App Design UI/UX
To develop an app like Bayut, you must design an intuitive interface if you want to attract good user engagement. Create the wireframes of the app, which is the foremost thing to do to plan its layout and functionalities. The design of the app must support both Arabic and English since people in the UAE are bilingual.
You must match the design of the app as per the style and color of the UAE so that users can resonate with it. Your app must have a smooth UI or User Interface so that you can offer the best UX or user experience.
Step 3: Backend Development
A mobile app startup in Dubai plays the real game here by developing a strong backend for the app. The system of the app must be strong enough so that the property owners can list thousands of properties without the fear of slowing down the app.
They must develop a secure payment gateway for every in-app payment, and that app can update with SMS notifications. The app must be able to provide location-based services to the users, so developers must include suitable APIs like Google Maps, which can also give appropriate property information.
Step 4: Frontend Development
By carrying out proper frontend development, companies can ensure a good user experience of the app. To develop an app that can support both iOS and Android systems, you developers must utilize the correct frameworks. To develop an app that works on both systems efficiently, React Native or Flutter is the best framework.
Ensure the app can constantly load high-quality images on the app without any glitches. To offer the best experience to the users, the real estate app can showcase property listings with clear virtual tours and 360-degree photos.
Step 5: Test and Deploy
After the successful development of the real estate app, it’s time to thoroughly test it, which is an important step to determine issues and bugs. You surely don’t want your audience to have a bad experience with your app; for that, you must fix issues and ensure it has optimum performance before launching.
When done with testing, the next step is to launch or deploy the app on multiple app stores. Incorporate the intelligent keywords like “Dubai apartments or Abu Dhabi villas” so that your app ranks on the App Store and Google Play, resulting in enhanced visibility.
Cost to Develop an App Like Bayut
You know the process that a development company will follow to develop an app like Bayut, but you are unaware of the price they can charge you. It is best to have full knowledge about app development from the process to its cost.
The cost to develop an app like Bayut in Dubai ranges between $20,000 and $250,000. This cost depends on the different factors, which are based on factors like features, complexity, design, tech stack, and others.
If you want to design an app with basic functionalities, it will cost you between $20,000 to $50,000. To develop an app by incorporating smart features like AI and VR, this will cost you $120,000 to $200,000. If you desire to design a full-stack real estate app with a full range of advanced features, then it will cost you $250,000 and can go above that.
Enter and lead the Property Listing Market of Dubai with Nimble AppGenie.
Factors Affecting the Cost to Develop an App Like Bayut
If you are wondering how the cost is decided to develop an app like Bayut, we will explain it to you to clear your doubts. Some key factors drive or affect the cost of real estate app development.
We have covered the factors below.
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Choice of Platform
Whether you are creating an app like Bayut for iOS, Android, or both, the choice of platform will affect the cost. The cost of building a native app will be on the higher side since it will be developed separately for the individual platforms, iOS and Android.
The reason for the higher cost is that you need to put more time and have to maintain both versions of the app. On the other hand, if you have opted for cross-platform development that covers both platforms in a single codebase, then it will not be that costly.
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The Complexity of the App
The more complex your app’s features, the higher the development cost. If you develop an app like Bayut with basic features, it will be done within a minimal budget.
However, if you wish to integrate high-quality features like AI, VR, and other smart features into your real estate app, it will be quite expensive. So, the cost of app development heavily depends on the complexity.
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Tech Stack
The type of technology you choose for your real estate app will decide the cost of its development. If you have chosen a high-quality technology for your app, then the price of your app development will become costly.
However, if you want to launch a high-quality app and give your users the best experience, it is crucial to invest in a quality tech stack. Additionally, the experience of the developers regarding the technology also decides the cost of development.
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Location of Development
The location of development is also one of the crucial factors that decide the cost of app development. If you are hiring a local development company in the UAE, then that will be pricier. On the other hand, the cost of an offshore development company will be lower than that of a local one.
The best thing about an offshore development company is that they will provide you with quality and compliance. The offshore companies will build your real estate app within the required standards of the UAE.
Monetization Strategies for an App Like Bayut
You can monetise from your real estate app like Bayut, which comes with the scope to drive revenue. We have shared a few monetisation strategies for Bayut and similar real estate apps.
➢ Sponsored Listing
You can run a scheme of sponsored listing for your real estate app that helps you generate good revenue. For sponsored listing, the real estate agencies or the property owners who want to list property on the app have to pay for that. Paying for listing properties will also help them to enhance their visibility and reach wider potential buyers.
➢ Sponsored Ads
Another good way to monetise from your app is to run sponsored ads within your app. This will allow third-party marketers within the real estate industry to run their ads on your apps in return for some sum of money.
Such ads improve user experience and help app owners generate good revenue. This way, the real estate industry will see a boom in the UAE.
➢ Freemium Services
This is a clever tactic to generate revenue from the real estate apps. There are different types of users; some love free features, and some are interested in premium features.
Let the people access basic features for free, and when they try to use the advanced features like unlimited listings, ask them to pay. This will draw a good number of users.
➢ Transaction Fees
Charge transaction fees from the users; most apps have this feature today, which helps owners to monetise from the app. When users upload any document, you charge them.
Moreover, for every payment made by users within the app, transaction fees will be charged. These payments must be made in relation to the buying and selling of properties.
How Nimble AppGenie Can Help You Develop a Leading Property Search App in Dubai?
Planning to work on mobile app ideas like Bayut? That’s amazing since the real estate industry is booming in the UAE, and more people want house hunting to be an easy process.
However, just having an idea will not be enough; you must know how to develop a mobile app in Dubai. If you are feeling stuck, then Nimble AppGenie can help you to successfully develop an app like Bayut.
Not only real estate, we are specialised in providing you with app development solutions for every industry. You can directly connect with our skilled developers and turn the blueprint of your app into reality.
Conclusion
So, by now, you must be confident about the fact that you can develop an app like Bayut since you have already read this article.
You know the category of this app; it must have features and the steps to develop similar apps. You know how much it can cost you to develop an app like Bayut, based on different factors.
The best thing is that you know how you can monetise the app you are investing in for development.
It’s time to step into the competitive real estate app market of the UAE and stand out from the crowd with a unique alternative.
Frequently Asked Questions
Why should I develop an app like Bayut in Dubai?
Apps like Bayut have high demand in the cities of the UAE, as it is the primary place for people to find their dream home. The real estate industry in the cities of the UAE is booming, with no sign of slowing down, so if you develop an app like Bayut, it will be a profitable investment. Try to develop a more advanced app from the existing ones to outperform the competition.
How to develop an app like Bayut?
To develop an app like Bayut, you need to do strategic planning, as we pointed out below. Let’s look at them.
- Market research and find a niche industry.
- Know the key features.
- Select the correct tech stack and platform.
- UI/UX design.
- Start the development process.
- QA and testing.
- Launch and future updates.
How much does it cost to develop an app like Bayut?
Developing a real estate listing app like Bayut will cost you approximately between $20,000 and $150,000, which can vary depending on factors. If the development process is complex and includes more advanced features, then the cost of development can surpass $150,000.
What are the some features of Bayut app?
The popular property listing app, Bayut, offers a wide range of excellent features that make it a popular choice in the UAE. Some of the features are listed below.
- A vast list of properties in the UAE.
- Advanced search filters for personalised results.
- Virtual property tour.
- Keep updated about new property listings.
- Can save the favourite listing.
- Can contact agents directly.
How long does it take to build an app like Bayut?
To build an app like Bayut, it will approximately take from 6 to 9 months, totally depending on its features and complexity. A basic app development may take 2 to 3 months, which does not have much complexity or features. On the other hand, an app with complex features and a tech stack can take more than 6 months.
