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|New Report Unveils How Proptech is Reimagining Real Estate Across the MEAPT Region

New Report Unveils How Proptech is Reimagining Real Estate Across the MEAPT Region

By Pierrick Ribes • 25 March 2025

A hand holds a smartphone displaying a vibrant city skyline with greenery and data graphics overlaid.

A quiet revolution is reshaping skylines, rental markets, and investment models across the Middle East, Africa, Pakistan, and Turkey (MEAPT). What was once one of the most traditional sectors in the economy is now facing increasing digital transformation. Proptech, the convergence of real estate and technology, is redefining how we design, build, buy, manage, and invest in property.

In Lucidity Insights’ latest report, “MEAPT Proptech Review 2024”, we explore the forces accelerating this transformation, spotlight the rising stars driving innovation, and unpack what it all means for the future of urban life and capital flows across the region.

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Mentioned Startup & VC Profiles

Property Finder

Property Finder is a real estate portal that offers a range of innovative solutions and dedicates to empowering consumers to find their dream home and secure a better future.

Holo

Holo is the first digital mortgage platform in the Middle East with access to over 500 mortgage products for free.

Ejari

Ejari is a Saudi real estate technology company that provides a rent now and pay later service for residential units.

Rize

Rize is a platform that facilitates the rental process through the “Rent Now, Pay Later” feature that provides flexibility to tenants and supports the growth of real estate technology in the Kingdom of Saudi Arabia.

PRYPCO

A platform that simplifies the real estate journey in the UAE by facilitating mortgages, golden visas, and more.

Wa'ed Ventures

Backed by Aramco, WAED Ventures is a $500 million venture capital fund with the aim to accelerate the development of a full innovation ecosystem by: investing in tech-based startups, globalizing home-grown technologies, and stimulating the emergence of a sustainable startup economy.

VentureSouq

VentureSouq (VSQ) is a venture capital fund manager based in the MENA region that operates with a global portfolio and is presently concentrating on FinTech and ClimateTech.

Beco Capital

BECO Capital stands as one of the pioneering early-stage venture capital firms in the UAE, prioritizing the MENA region, and is dedicated to providing growth capital and operational guidance to early-stage technology companies.

Related Report

MEAPT PropTech Review 2024

The real estate industry across the Middle East, Africa, Pakistan, and Turkey (MEAPT) is undergoing a digital transformation. Proptech (property technology) is revolutionizing how properties are designed, built, bought, and managed. Big names in the area, like Dubai’s Property Finder for example, has raised over $232M, evolving into the region’s first unicorn. Additionally, players like Ejari, Rize, PRYPCO, and Holo are tackling rent flexibility, mortgages, and digital transactions with their innovative solutions. Lucidity Insights’ MEAPT Proptech Review 2024 highlights key trends, rising startups, and the sector’s rapid growth. The MEAPT Proptech market, valued at $816.8M in 2022, is projected to hit $2.14B by 2030, driven by urbanization, housing shortages, and capital inefficiencies.