Dubai-based proptech startup Prop-AI has successfully raised $1.5 million in a pre-seed funding round. The round was led by Plus VC, Joa Capital, Select Ventures, Oraseya Capital, Plug & Play, and angel investors from Saudi Arabia and Bahrain.
The newly secured capital will help Prop-AI strengthen its regional data integration, enhance its AI capabilities, and develop new partnerships. The company plans to expand operations across the MENA region and Europe, tapping into growing demand for digital transformation in real estate.
Platform Enhancements Drive Investor Engagement
The funding comes as Prop-AI launches major updates to its platform. The startup has introduced a redesigned user interface and new features, including an interactive investor map. This tool brings together key market data to support users in making well-informed investment decisions.
Founded in 2023, Prop-AI uses artificial intelligence and machine learning to automate and optimize property search, valuation, and presentation. Its technology serves investors, buyers, and industry professionals navigating complex markets with speed and confidence.
Ranime El-Skaff, CEO of Prop-AI, emphasized:
“Real estate is the world’s largest asset class yet remains one of the least digitised and data-driven. At Prop-AI, we are truly transforming how real estate investment decisions are made, not just for the region, but globally.”
“This funding milestone enables us to accelerate our vision of empowering individuals, institutions, and even autonomous AI systems to invest in real estate with confidence, backed by the most comprehensive data and insights available.”
Advanced AI Tools Set to Redefine Real Estate Investment
Christian Kunz, Co-Founder of Prop-AI, noted the broader impact of the raise:
“This funding marks a key milestone in our journey to build the most trusted AI infrastructure for real estate.”
“We are focused on the launch of our highly anticipated Prop-AI Business platform and APIs for real estate professionals and introducing the region’s most advanced Agentic AI for Real Estate within the coming months.”
He added that these upcoming tools will provide smarter, data-driven solutions to investors, real estate professionals, and AI systems alike. Ultimately, Prop-AI aims to set a new global standard for intelligent property investment.
