Egyptian Proptech Startup Byit Expands into UAE with AI Solutions

Byit Launches AI-Powered Solutions in UAE

Egyptian proptech startup Byit has officially launched its operations in the UAE, introducing a suite of AI-powered solutions designed to enhance the efficiency of real estate brokers and streamline cross-border property transactions. This expansion comes shortly after a strategic funding round that garnered support from notable investors, including A15 and Beltone Holding.

Byit aims to connect the Egyptian real estate market with international investors, particularly targeting those in the Gulf Cooperation Council (GCC) region. The establishment of Byit Ventures in the UAE is a key component of this strategy, which is expected to create new revenue opportunities for brokers and attract foreign investment into Egypt’s real estate sector.

Innovative Tools for Real Estate Brokers

Byit’s platform integrates advanced AI tools that facilitate the brokerage process by providing data-driven insights and personalized property recommendations. The newly launched solutions will also feature real-time market analysis and client lifecycle management, allowing brokers to enhance their operational efficiency and accelerate deal closures.

Currently, Byit operates with a network of over 40,000 freelance brokers and has established partnerships with more than 450 developers, giving it access to over 1,000 mapped projects. This extensive network positions Byit as a scalable and transparent alternative to traditional brokerage models.

Future Expansion Plans

Looking ahead, Byit has set its sights on further expansion within the Gulf region, with Saudi Arabia identified as the next target market in its growth strategy. The company’s leadership believes that this regional approach will enhance its ability to connect brokers with international buyers, thereby driving higher transaction volumes.

Antoine Azer, Founder of Byit, emphasized the company’s commitment to redefining the real estate transaction process in the region. He stated, ‘We are building more than just a platform; we are enabling brokers to operate across borders with greater efficiency, transparency, and access to international demand.’

Nader Jimmy, Chief Revenue Officer at Byit, echoed this sentiment, highlighting the importance of advanced AI tools in driving growth opportunities for the market. ‘Our ambition is to become the go-to platform for real estate brokers across the region,’ he noted.

Frequently Asked Questions

What is Byit?

Byit is an Egyptian proptech startup focused on enhancing real estate transactions using AI.

Why is Byit expanding into the UAE?

The expansion aims to connect Egyptian real estate with GCC investors and create new revenue streams.

What services does Byit offer to brokers?

Byit offers AI-driven tools for market analysis, client management, and operational efficiency.

What are Byit’s future plans?

Byit plans to expand further into the Gulf region, targeting Saudi Arabia next.

How many brokers does Byit currently work with?

Byit operates with over 40,000 freelance brokers.