Prop-AI, a PropTech company headquartered in Dubai, secured $1.5 million in initial funding to advance its goal of revolutionizing real estate investment with artificial intelligence. The funding was spearheaded by +VC, a prominent venture capital firm in the MENA region, and included contributions from Joa Capital, Select Ventures, Oraseya Capital, Plug & Play, along with strategic angel investors and family offices from Saudi Arabia and Bahrain.
Established in 2023, Prop-AI enables people and organizations to explore, assess, and engage in real estate with increased assurance using cutting-edge AI, machine learning, and data fusion. The platform simplifies the process of searching for properties, conducting analyses, and creating presentations, providing unique insights for a wide range of users, from first-time home purchasers to institutional investors.
Ranime El-Skaff, CEO of Prop-AI, expressed the goal of creating the equivalent of the ‘Bloomberg of Real Estate.’ Prop-AI aims to enhance real estate investment by utilizing data and AI to make it more efficient and accessible in a world where real estate is a significant yet under-digitized asset class.
The latest funding will drive Prop-AI’s growth in regional data integration, boost its AI and machine learning functions, and back collaborations with real estate developers, brokerages, and financial institutions in the MENA region. Additionally, the firm is gearing up to release an improved UI/UX, introducing new elements such as an interactive investor map that provides users with intuitive tools for exploring the real estate sector using data-rich resources.
In 2025, Prop-AI’s exceptional Q1 results led to increased funding, with revenue more than tripling. The company was also awarded the AI Seal of Excellence by the Dubai Centre for Artificial Intelligence, becoming the first PropTech firm to achieve this recognition, showcasing its commitment to supporting the UAE’s goal of becoming a prominent global AI hub.
Managing Partner at +VC, Hasan Haider, expressed that Prop-AI is at the forefront of the upcoming wave in PropTech. With advanced AI, strategic implementation, and perfect market timing, he believes their platform will revolutionize the real estate industry by introducing much-needed transparency and intelligence locally and globally.
Julien Plouzeau, who is a Senior Partner at Oraseya Capital, mentioned that Prop-AI is enabling individuals to adopt an investor mindset rather than just that of buyers. He believes that their technology is revolutionizing the decision-making process across the real estate value chain.
Prop-AI is preparing to introduce Prop-AI Business, a platform specifically designed for real estate professionals. This will include APIs and the area’s leading Agentic AI for Real Estate, all with the goal of providing smart, data-based decision-making tools to professionals, investors, and future autonomous AI agents.
Christian Kunz, one of the Co-founders of Prop-AI, stated that reaching this point marks a significant step forward in their mission to establish a highly reliable AI framework for the real estate sector. He mentioned that the future products they plan to launch will enhance opportunities for intelligent real estate investment on a global scale, not limited to MENA region.
