Construction & Real Estate

Dubai Residential rolls out new rent payment options across 22 communities

Dubai Residential, the owner of one of the city’s most diversified residential leasing portfolios, has partnered with Rentify, a UAE-based fintech and proptech platform, to introduce new rental payment options for residents across its 22 communities, covering both new and renewing tenancies....

Construction & Real Estate

Saudi Proptech gets funding to scale AI-enabled building materials procurement

BRKZ, a leading Saudi-based technology-enabled building materials procurement platform, has announced that it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers. ...

Construction & Real Estate

UAE's PropTech sector to hit $1.6bn by 2032, says report

UAE's PropTech sector is poised for solid growth over the coming years with the market set to hit AED5.95 billion ($1.6 billion) by 2032 with a CAGR of 13.28% between 2026 and 2032, thanks mainly to Virtual Reality and Augmented Reality technologies that are driving this evolution, said a report. ...

Construction & Real Estate

KSA completes first end-to-end tokenised property deed transaction

Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer....