By Lucidity Insights Research Team • April 09, 2025
PropTech’s Game-Changing Impact on MEA’s Urban Growth
The PropTech revolution is transforming the Middle East and Africa’s real estate landscape. By 2030, the sector is projected to reach $2.14 billion, driven by rising demand for housing, infrastructure, and sustainable urban solutions. With GCC countries managing $1.7 trillion in ongoing projects, PropTech startups are tackling inefficiencies with AI-driven design, IoT-enabled systems, and blockchain-powered transparency. Unicorns like PropertyFinder and Keyper are leading the way, while Sub-Saharan Africa’s space constraints present opportunities for innovation.
Dive into our latest Special Report—The MEAPT PropTech Review 2024—and explore how technology is reshaping cities, creating economic potential, and addressing critical urban challenges.
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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.
Other Videos
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Property Finder evolved from print listings to an AI-driven PropTech leader in 17 years, transforming real estate across MENA. Watch Michael Lahyani’s story.
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Property Finder, Keyper, Agora & more raise $250M+ in 2024, transforming real estate search, financing, AI-driven logistics & industrial IoT. Watch video now.
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Explore how Proptech is transforming the property sector in the MEA. Learn about the challenges, solutions, and potential for a tech-driven revolution.
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Watch the video to explore May 2024 MENAPT startup investments: 41% drop in deal value, key Proptech deals, and notable funding rounds. Discover trends!
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MEAPT startup raised $2.32B in February, favoring fewer but larger deals. Quantum Machines, Tabby, Dream Security & more lead the month’s top 10 funding rounds.
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GCC startup funding soared 6x YoY to $849.6M, driven by Lendo’s $690M mega-round. Forus, RIZE, Zension & Jeel Pay lead the month’s top five investments.
