- Prop-AI announces $1.5 million in pre-seed funding led by venture capital firm Plus VC and a group of regional and international investors.
- The funding round aims to digitize Dubai’s real estate market and provide AI-powered analytics tools.
Prop-AI, a company specializing in artificial intelligence solutions for the real estate sector, has raised $1.5 million in a pre-seed funding round.
The round was led by venture capital fund Plus VC, with participation from a number of regional and international investors, including Joa Capital, Oraseya Capital, Plug & Play, as well as family offices from Saudi Arabia and Bahrain.
Headquartered in Dubai, Prop-AI aims to digitize the real estate market and offer AI-driven analytical tools that enable investors and individuals to make data-based decisions in a market that is considered the largest globally in terms of volume, yet one of the least transparent.
Smart Tools and Advanced Real Estate Infrastructure
The company stated that the new funding will be used to integrate regional real estate data, enhance AI and machine learning capabilities, and develop analytical tools such as the “Interactive Investor Map,” launch APIs, and introduce the “Smart Agent” tool to support professionals and investors in making algorithm-backed, real-time decisions.
In a statement, CEO and founder Raneem Skaf emphasized that Prop-AI aims to become the “Bloomberg of real estate,” saying:
“Real estate is the largest asset class in the world, yet it remains under-digitized. Our vision is to redefine how investment decisions are made — not just regionally, but globally.”
In Q1 of 2025, Prop-AI achieved significant growth, tripling its revenue — a testament to the growing demand for its tech solutions.
The company was also recently awarded the “AI Excellence Badge” by the Dubai Centre for Artificial Intelligence, becoming the first PropTech company in the region to receive this recognition.
An Ambitious Roadmap
Prop-AI plans to launch a new professional edition called “Prop-AI Business,” targeting institutional players in the real estate sector.
The company also aims to release APIs to integrate its services into enterprise systems, along with the development of an “Agentic AI” solution — a smart real estate agent that provides instant investment recommendations based on real-time data analysis.
Co-founder Christian Kunz affirmed that Prop-AI aspires to build “the smartest and most reliable infrastructure in the real estate sector,” stressing that this funding round marks just the beginning of a broader expansion across the region and beyond.
With this round of funding, Prop-AI strengthens its position as one of the leading players in the PropTech landscape across the Middle East and North Africa, amid growing investor confidence in its role in reshaping the real estate market through AI and advanced data analytics.
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