Rotana’s Ya Hala (watch, runtime: 22:43) shed light on the recently launched Marjea platform, hosting Saad Albaiz, the spokesperson and executive manager of communication at the Saudi Authority of Accredited Valuers (Taqeem). Albaiz talked in depth about the platform, designed to serve as a unified national reference for vehicle pricing in a bid to boost transparency and regulate market prices.

Depending on records of over 47 mn vehicles, the AI-driven platform provides an indicative price with a 10% fluctuation margin valid for only three days for SAR 9 based on the updated market data. Users are entitled to submit a free objection to the valuation, which will be reviewed by a human expert, with responses expected within 10 working days.

A collaborative effort: Marjea is operates based on data from different entities, including the Interior Ministry’s General Department of Traffic, Absher platform, Tam platform, the Saudi Standards, Metrology and Quality Organization, the Zakat, Tax, and Customs Authority, and accident reassessment platform Taqdeer, Albaiz said.

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