Prop-AI secures $1.5m to revolutionise real estate with AI

June 18, 2025

Dubai-based Prop-AI, an AI-driven PropTech company transforming how individuals and institutions navigate the property market, has raised $1.5m in pre-seed funding.

The funding round was led by MENA-focused investor Plus VC, with participation from Joa Capital, Select Ventures, Oraseya Capital, and Plug & Play, according to a report from Wamda. The round also drew backing from strategic angel investors and family offices across Saudi Arabia and Bahrain.

Founded in 2023, Prop-AI aims to simplify property discovery, analysis, and decision-making using artificial intelligence and machine learning. Its technology streamlines real estate evaluations for a wide range of users, from first-time buyers to institutional investors, allowing them to make data-informed decisions in fast-moving markets.

The newly secured capital will support Prop-AI in scaling its AI capabilities and strengthening regional data integration. It also plans to expand partnerships with developers, brokerages, and financial institutions across MENA. Additionally, the company is launching a refreshed user interface and advanced features such as an interactive investor map, which aggregates key market data to guide investment strategies more intuitively.

Prop-AI CEO Ranime El-Skaff said, “Our mission is to build the ‘Bloomberg of Real Estate’. 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.”

Prop-AI co-founder Christian Kunz said, “This funding marks a key milestone in our journey to build the most trusted AI infrastructure for real estate.

“We’re 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. These innovations will make intelligent, data-driven decision-making accessible to investors, real estate professionals, and eventually autonomous AI systems, setting a new standard for real estate investing in the region and globally.”