Prop-AI is a rising PropTech startup based in Dubai and raised $1.5 million in a pre-seed round to accelerate its expansion across the MENA region and fuel development of its AI-powered real estate investment platform.
Led by +VC and backed by notable investors including Joa Capital, Select Ventures, Oraseya Capital, Plug & Play, and strategic angels from Saudi Arabia and Bahrain, the funding marks a major step for the company as it works to make real estate investing smarter, faster, and data-driven.
Founded in 2023 by Ranime El-Skaff and Christian Kunz, Prop-AI has set out to bring Bloomberg-level intelligence to real estate. The platform uses advanced machine learning to streamline everything from property search to investor analysis—designed for both first-time buyers and institutional players.
“Real estate is the world’s largest asset class, yet remains one of the least digitized and data-driven. At Prop-AI, we are truly transforming how real estate investment decisions are made, not just for the region, but globally,” said CEO, Ranime El-Skaff.
The company has already tripled its revenue in Q1 2025 and recently became the first PropTech firm to receive the Dubai Centre for AI’s Seal of Excellence. Its newest features include an interactive investor map and upgraded UX, allowing users to make complex investment decisions with intuitive, AI-powered support.
Looking ahead, Prop-AI plans to deepen its data capabilities, forge partnerships with developers and financial institutions, and launch its B2B platform and APIs for real estate professionals—bringing intelligent automation and actionable insights to the core of property investing.
With the region’s real estate sector ripe for digital transformation, Prop-AI is positioning itself as the infrastructure layer powering the future of intelligent investing.