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.