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PropTech
accessibility
Democratising real estate: How proptech is driving accessibility for investors
Technology has opened the door a larger audience to benefit from real estate
Dubai
Dubai proptech startup helps investors buy real estate with AI-assisted market insights
Investing in Dubai’s property market should not be limited to those who are based there, proptech startup CEO says, as revolutionary AI tool simplifies buying process with accurate market insights
Abu Dhabi
Dubai’s lucrative AI-based proptechs attracting cash-rich investors, clocking deals worth $70m
Realiste, an AI platform, notched up sales of more than 200 properties in Dubai in H1, 2023 at an average price of $500,000, and is looking to triple this figure in the remaining half of the year
FDI
Saudi real estate FDI: Residential property prices surge by 60% in six months
Industry experts said the expected large-scale migration of young Saudis from rural areas to cities in search of employment opportunities will also add to the demand for residential properties
Cityscape
Leading international real estate event Cityscape Global to debut in Saudi Arabia this year
Over 180,000 domestic and international attendees – from buyers and investors in property through to B2B real estate professionals – are expected to attend the launch edition
Dubai real estate
Proptech is already streamlining real estate transactions: Here’s how
Technology has disrupted every industry, and property is no different
Dubai
Dubai real estate sector looks to $86.5bn proptech boom
Dubai real estate firms are turning to innovative investment opportunities as they eye the $86.5bn proptech market.
Artificial intelligence
Revealed: New AI-powered marketplace set to transform property purchases in Dubai and beyond
The platform – billed as first in the region and developed by Dubai-based proptech Realiste – acts as a marketplace where customers can find the best apartments off-plan with value market discounts and then buy them directly from developers
accommodation
Dwelling in the past, living in the future
The Dubai-based proptech startup has caught the attention of investors and generated the largest-ever seed round in the Middle East when it raised $7.75 million
Brand View
PropEzy: An end-to-end digitised platform simplifying built asset needs
By using PropEzy, managers are finally able to overcome the need for multiple systems, contracts, and logins
PropTech
Yardi technology: Improving the tenant experience
Said Haider, senior director of Middle East Sales at Yardi, explains why end-to-end real estate solutions platform CommercialCafe will change the industry in the region
acquisitions
Proptech Huspy buys out two UAE mortgage brokerages in expansion push
The founders and employees of both businesses will join Huspy
Agent Data Assistant (ADA)
SuperAgent: MENA’s first AI-driven ranking system connects homeseekers to smart property agents
SuperAgent identifies top-performing real estate agents using the ADA algorithm, which combines agent responsiveness, quality of property listings, and agent reports
business funding
UAE-based proptech startup Huspy receives $37mn in Series A funding led by Sequoia Capital India
Huspy’s Series A round will be used to extensively invest in technology development, double down on growth in the UAE and Spain, and expand across Europe
business funding
Egyptian proptech Nawy closes $5m seed fund
Employing 200 people, Nawy is an online real estate platform that facilitates purchasing and selling property that has sold over $200 million worth of properties
acquisition
Dubai-based startup Homevalue acquired by Property Finder
Founder Fouad Bekkar will join the real estate website as vice president in charge of data and AI