June 19, 2025
Prop-AI, a cutting-edge AI-powered platform reshaping how individuals and institutions invest in real estate, has announced the successful close of its $1.5 million pre-seed funding round. The investment will supercharge the company’s expansion across the MENA region, further enhancing its technology, data infrastructure, and suite of real estate solutions.
The round was led by Plus VC (+VC) — the most active venture capital firm in the MENA region — and backed by prominent investors including Joa Capital, Select Ventures, Oraseya Capital, Plug & Play, and several strategic angel investors and family offices from Saudi Arabia and Bahrain.
An Intelligent Platform for Smarter Property Decisions
Founded in 2023 and headquartered in Dubai, Prop-AI is on a mission to become the “Bloomberg of Real Estate.” By using advanced AI and machine learning, the platform automates and enhances every step of the property lifecycle — from search and evaluation to investment and decision-making.
Whether you’re a first-time buyer, an institutional investor, or a real estate professional, Prop-AI equips you with the tools and insights to navigate complex markets confidently and intuitively.
What the Funding Will Fuel
With this new capital, Prop-AI plans to:
- Deepen regional data integration for enhanced local insights
- Advance its AI and machine learning infrastructure
- Build strategic partnerships with real estate developers, brokerages, and financial institutions
- Launch new tools, including an interactive investor map and advanced UI/UX for real-time decision-making
- Roll out Prop-AI Business and open APIs for professionals and institutional clients
The platform is also preparing to introduce the region’s most advanced Agentic AI — a smart system that will assist and eventually automate real estate decision-making processes.
Leadership Comments on the Milestone
“Real estate is the world’s largest asset class but one of the least digitized. Our vision is to change that. With this funding, we’re accelerating our journey to bring real estate into the AI era — making data-driven investing accessible to everyone,”
said Ranime El Skaff, Co-founder & CEO of Prop-AI.
“Prop-AI blends AI innovation with sharp real estate insight. Their vision, timing, and execution stand out in the proptech space,”
added Hasan Haider, Managing Partner at +VC.
Julien Plouzeau, Senior Partner at Oraseya Capital, echoed this confidence:
“They’re solving a critical pain point — giving people investor-grade tools to understand and navigate real estate markets. We’re excited to support their growth.”
Strong Momentum and Recognition
Prop-AI has already tripled its revenue in Q1 2025 and recently received the prestigious AI Seal of Excellence from the Dubai Centre for Artificial Intelligence — becoming the first PropTech company to earn this honor. This recognition reinforces Prop-AI’s alignment with UAE’s national AI strategy and its leadership in digital innovation.
What’s Next
As Prop-AI continues to evolve, its focus remains on building a trusted AI infrastructure that empowers investors, institutions, and even autonomous AI systems to make smart, confident real estate decisions.
The upcoming launch of Prop-AI Business and AI-driven APIs is expected to set a new benchmark for how real estate is navigated, analyzed, and invested in — not just in MENA, but globally.
About Prop-AI
Prop-AI is an AI-first platform revolutionizing how people discover, evaluate, and invest in real estate. Built for both individuals and professionals, it combines real-time data, predictive analytics, and conversational AI to deliver actionable insights and intelligent tools for the modern property market. Based in Dubai, Prop-AI is setting the standard for global real estate intelligence.
📩 Media Contact:
Neena Punnen — Director of PR & Comms: neena@plus.vc
Ranime El Skaff — Co-founder: ranime.skaff@prop-ai.com
