Will a Proptech Revolution Happen in the MEA?
The Middle East and Africa region is poised for a Proptech revolution, transforming the property sector with digital innovations. Rapid urbanization, housing crises, and outdated systems create opportunities for Proptech solutions like AI-driven design tools, digital marketplaces, and fractional ownership models. The UAE leads with $1.7 trillion in real estate projects, while Sub-Saharan Africa addresses housing deficits. Proptech startups like PRYPCO and Stake are democratizing property investment, and Tenderd is optimizing construction. This revolution promises more affordable, sustainable, and efficient real estate, reshaping economies and improving lives. Follow Lucidity Insights for more on this transformative trend.
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