Egypt-born proptech startup Byit has expanded its operations into the UAE, launching a suite of AI tools designed to facilitate cross-border property transactions.
The company has established a new entity, Byit Ventures, to connect Egyptian real estate supply with international demand.
The expansion specifically targets investors based in the Gulf Cooperation Council region.
Byit’s platform uses AI to match clients with relevant properties through data-driven recommendations.
The new tools provide real-time market analysis, client lifecycle management, and performance optimisation features. They are designed to help brokers process transactions more efficiently.
The expansion follows a recent strategic funding round. A15, Beltone Holding, and a group of angel investors backed the round.
The company is using the investment to modernise real estate brokerage across the region.
Byit currently operates an alternative to traditional brokerage models with a network of over 40,000 freelance brokers.
It provides access to more than 450 developer partners and 1,000 mapped projects, prioritising efficiency and higher commission structures.
“We are enabling brokers to operate across borders with greater efficiency, transparency, and access to international demand,”
said Antoine Azer, Founder of Byit.
Following its entry into the UAE, Byit plans to continue its regional growth strategy with a targeted expansion into Saudi Arabia.
Featured image credit: Edited by Fintech News UAE, based on image by Byit
