UAE-based proptech platform Byit Capital has secured $1.1 million from A15, Beltone Holding, and a group of angel investors. The investment marks a new phase in its plan to widen its presence across the Gulf’s real estate market.
Byit started operations in Egypt before shifting its base to the UAE. The company is now preparing to expand into Saudi Arabia and other Gulf markets. Because two established regional investors have backed the company, the raise reflects growing confidence in Byit’s agent-focused approach.
The platform targets the region’s large freelance broker network, a segment it says remains underserved. More than 40,000 freelance agents use the platform. Byit positions itself as an alternative to traditional commission structures by offering up to 90% of developers’ commissions. Besides that, it provides access to verified developer inventory, over 450 partners, and more than 1,000 mapped projects.
The new capital will help Byit expand its UAE operations and speed up its entry into Saudi Arabia. It also plans to strengthen its developer ecosystem as digital platforms continue to influence how transactions are sourced and completed.
Founder and CEO Antoine Azer said the raise validates Byit’s direction. “Our goal has always been bigger than building a platform, it’s about setting a new standard for how the industry operates. This investment confirms that the market is ready for a fundamentally different kind of brokerage model, one that prioritizes transparency, accountability, and real value for both agents and developers,” Azer said.
Real estate activity in the UAE and Saudi Arabia continues to rise. Because of this growth, demand for technology-driven brokerage tools has increased. Developers want wider distribution channels. Agents prefer flexible earning structures. Byit’s offering aims to address these needs by reducing friction between both sides while enabling a scalable model across multiple countries.
With the new funding, the company plans to accelerate its expansion and further build a data-driven framework for property sales in the region.
—----------------------
Raising capital? Explore 3,000+ PropTech and ConTech VCs in one place →https://www.proptechbuzz.com/vc
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.