PropTech News

Get Top News Stories from the World of PropTech. Stay updated with the latest technological advancements with REM TIMES

Major Developments Partners with Mortix to Streamline Mortgage Access for Global Property Investors

Major Developments Partners with Mortix to Streamline Mortgage Access for Global Property Investors

April 01, 2026 | Staff Reporter | UAE | PropTech

Major Developments has signed an agreement with Mortix Mortgage Broker, marking a strategic step toward making homeownership and real estate investment more seamless for clients across the world.

The partnership brings together Major Developments’ high-demand portfolio with Mortix’s mortgage expertise, allowing Major Developments’ clients to access free mortgage services as part of a broader, more investor-friendly purchase journey. Mortix is a digital mortgage and home finance platform in the UAE that supports both residents and non-residents, working with 20+ leading UAE banks across solutions, including home loans, refinancing, handover payments, and equity release. Its brokerage support is offered free of charge, making financing guidance more accessible at a crucial stage of the transaction.

For Major Developments, this collaboration reflects a larger vision: building an ecosystem around ownership, not merely developing property. As international demand continues to build around projects such as Manta Bay on Al Marjan Island and Colibri Views in RAK Central, the partnership is designed to help investors move from intent to action with greater speed and confidence.

Mortix’s 2026 UAE mortgage market review highlights that Dubai recorded approximately 44,000 mortgage transactions in 2025, with total mortgage volumes reaching AED 89.6 billion, while fixed mortgage rates at the end of 2025 stood in the 3.75% to 4.25% range.

With another anticipated launch, Ice Beach on Marjan Beach, set to further expand Major Developments’ footprint in the UAE, this partnership stands as a meaningful bridge between aspiration and acquisition, helping investors enter fast-moving markets earlier and more efficiently.

Oleg Ilyin, CEO and Co-founder of Mortix Mortgage Broker, said, “This partnership reflects exactly where the UAE property market is headed, toward a more connected, transparent, and investor-ready experience. Major Developments has created projects that are drawing strong international attention, and Mortix is proud to support that momentum by making mortgage access simpler, faster, and more approachable for buyers across different markets.”

Andrei Charapenak, CEO of Major Developments, said, “At Major Developments, the vision has always been larger than delivering exceptional real estate. It has been about creating the right environment around ownership, one that makes the journey clearer, more supported, and more confidence-led for every investor who chooses to enter this market with us. The partnership with Mortix is a natural extension of that thinking. As interest in the UAE continues to grow, especially in high-potential destinations such as Ras Al Khaimah, this collaboration allows Major Developments to serve clients more meaningfully, not only by offering distinctive developments, but by helping simplify the path that leads to them.”

As the UAE continues to attract a new generation of globally minded investors, partnerships such as this underline a larger shift in the market, where the value lies not only in what is being developed, but in how thoughtfully the entire ownership journey is being shaped. For Major Developments, the partnership with Mortix signals a continued commitment to making investment in the UAE more intuitive, supported, and future-ready.

Reframing Resident Communication for the Modern Community

Reframing Resident Communication for the Modern Community

As attention spans shrink and expectations rise, property managers in the UAE must rethink resident communication as a strategic discipline. Rami Aboul Hosn, Director of Business Development and Partnerships at Elevision, explains how advertising principles can transform routine notices into engaging, loyalty-building experiences.

Holo Closes $22 Million Funding Round

Holo Closes $22 Million Funding Round

Holo, a PropTech platform reinventing how people buy homes in the UAE, has announced that it has raised $22 million in one of the largest Series A rounds in

Emaar Properties Launches Digital Resale Platform for Emaar Homes

Emaar Properties Launches Digital Resale Platform for Emaar Homes

Real estate developer Emaar Properties has announced the launch of VYOM, a digital resale platform set to redefine the way Emaar homes are bought and sold. Purpose-built for today’s discerning homeowners and investors, VYOM offers a seamless, end-to-end experience that is transparent, secure, and powered by the innovation and trust that define Emaar. With VYOM, users gain complete control over the resale process—creating listings, uploading property images, and managing inquiries directly—all w

Dubizzle Acquires Property Monitor, Strengthens Position in Real Estate Data

Dubizzle Acquires Property Monitor, Strengthens Position in Real Estate Data

Dubizzle Group has announced the acquisition of Property Monitor, a leading PropTech platform in the UAE, strengthening its leadership in real estate classifieds and technology through a portfolio of market-leading brands, including Bayut and dubizzle. Integrating Property Monitor into Dubizzle Group’s real estate offering enhances the value proposition for agencies and developers by delivering a more comprehensive and data-rich user experience. As one of the leading market intelligence provide

AI-Powered Real Estate Startup Drives $100m in Sales

AI-Powered Real Estate Startup Drives $100m in Sales

eSelf AI, an innovative Israeli startup, is revolutionising the real estate and PropTech industry and has generated $100 million in sales for a Portuguese real estate brokerage firm Porta da Frente Christie's. The startup’s advanced technology combines large language models (LLMs) with visual experiences, allowing customers to interact with AI-powered virtual agents for personalized service at any time of the day. This technology has proven invaluable, especially for customers in different time

PropTech: Shaping the Future of Urban Living in the Middle East

PropTech: Shaping the Future of Urban Living in the Middle East

Technology’s role in reshaping urban environments is becoming more apparent across the globe, particularly in the Middle East. In cities like Dubai, the integration of technology in real estate is not just enhancing the way people live but is driving substantial changes in how urban areas are planned, built, and operated. The adoption of PropTech (property technology) is helping to create smarter, more sustainable, and increasingly efficient urban spaces, with a focus on improving the quality of

Vivek Anand Oberoi Unveils the Power of AI and Blockchain at Davos

Vivek Anand Oberoi Unveils the Power of AI and Blockchain at Davos

The World Economic Forum's annual gathering in Davos witnessed a compelling address by multifaceted Indian actorpreneur and philanthropist Vivek Anand Oberoi. The real estate, edutech, fintech, agritech and sustainable luxury mogul outlined his ambitious vision spanning blockchain and digital transformation. Speaking at multiple forums including the Maharashtra Pavilion, Oberoi showcased how technology is reshaping traditional industries across India.

Valuing Data Centres: Insights into the Digital Infrastructure Revolution 

Valuing Data Centres: Insights into the Digital Infrastructure Revolution 

In the era of rapid digital transformation, data has become the currency of innovation, driving commerce, connectivity, and technological breakthroughs. At the core of this revolution are data centres—advanced real estate infrastructures that store, process, and disseminate vast volumes of information. The valuation of data centres is now a critical exercise, reflecting their strategic significance in the global economy and their pivotal role in shaping the digital future. Global Data Centre La

DIEZ, Dubai Land Department Collaborate to Support PropTech Sector

DIEZ, Dubai Land Department Collaborate to Support PropTech Sector

The Dubai Integrated Economic Zones Authority (DIEZ) and the Dubai Land Department (DLD) partnered to support and enable the property technology (PropTech) sector. The collaboration aims to enhance research, development, and technological innovation, as well as ease of doing business in Dubai, and to contribute to the growth of emerging startups, small and medium and innovative enterprises in the sector. This partnership aligns with the objectives of the Dubai Research, Development, and Innovat

Paris-Based PropTech Kraaft Raises €13 Million

Paris-Based PropTech Kraaft Raises €13 Million

Kraaft, a Paris-based PropTech startup transforming the construction industry with its AI-powered collaboration platform, has raised €13 million in a Series A funding round to fuel product development and expand into key markets, including the UK and Germany. The investment was led by Dawn Capital, with participation from Brick & Mortar Ventures, Chalfen Ventures, Stride VC, and OSS Ventures. “We are thrilled to partner with Dawn Capital, Brick & Mortar, and our previous investors who share our

PropTech Trends Shaping Real Estate in 2025

PropTech Trends Shaping Real Estate in 2025

The real estate sector has undergone significant changes in recent years, and 2025 is poised to be another crucial year for the industry. According to a report published by Research and Markets in 2023, the UAE PropTech market is forecasted to reach a value of USD 1,558.62 million by 2028. The merging of property and technology, known as ‘PropTech’, has brought new ways to manage properties, interact with clients, and operate within the market. As PropTech continues to advance, the trends emergi

Scintilla, Verseprop Announce Strategic Collaboration

Scintilla, Verseprop Announce Strategic Collaboration

Scintilla, a leading institutional-grade tokenisation platform and Verseprop, a digital platform specializing in tokenised real estate equity and debt, are reshaping the real estate investment landscape. The strategic collaboration will offer financial engineering solutions to the Real Estate sector and introduce advanced tokenisation solutions that bring greater efficiency, transparency, and inclusivity to the market, alongside cost savings and distribution. Verseprop, founded in 2021 by a for

Digital Real Estate Platform Wasalt Posts Significant Growth

Digital Real Estate Platform Wasalt Posts Significant Growth

Wasalt, an advanced digital real estate platform specialising in real estate services, has recorded a significant growth in usage, boasting more than 750,000 registered users, and 100,000 monthly leads. With an anticipated five-fold increase in revenue from 2025 to 2028, Wasalt has emerged as a transformative leader in Saudi Arabia’s PropTech landscape within a short period of four years, redefining the real estate ecosystem with cutting-edge technology, AI-driven solutions, and the recent launc

London-based Tembo Raises €16.8 Million

London-based Tembo Raises €16.8 Million

British digital savings and mortgage platform Tembo has secured €16.8 million in Series B funding, bringing its total funding to €24 million. The round was led by Goodwater Capital, with participation

Sobha Realty Partners With Data Firm WebEngage

Sobha Realty Partners With Data Firm WebEngage

In an industry-first move, Sobha Realty, a leading developer of luxury real estate across the Middle East and India, has joined forces with WebEngage, an industry leader in marketing automation, to revolutionise customer engagement through AI and data-driven insights.

Vienna-Based PropTech iDWELL Secures €10 Million

Vienna-Based PropTech iDWELL Secures €10 Million

Austrian PropTech company iDWELL has announced the successful completion of its financing round, raising around €10 million from renowned investment firm Knight Capital, alongside existing international investors such as Flashpoint Venture Capital and Wecken & Cie.

Property Finder Launches New Campaign

Property Finder Launches New Campaign

Property Finder - MENA’s leading property portal has launched its new brand campaign ‘A home for every life’ focusing its ambition to help home seekers find

Münster-Based PropTech Syte Secures €5 Million

Münster-Based PropTech Syte Secures €5 Million

Syte, an AI-driven solution for the real estate industry founded in 2021, has recently raised around €5 million in a seed funding round aimed at accelerating the digitalisation and decarbonisation of the property sector.

PropTech PRYPCO Sets New Records

PropTech PRYPCO Sets New Records

PRYPCO, Dubai-based PropTech start-up, has announced a major milestone. In August 2024, PRYPCO Mortgage disbursed over half a billion dirhams (AED 500,000,000+) in mortgages. This represents the highest volume of disbursals in a single month by PRYPCO Mortgage, demonstrating its rapid expansion and demand.

Indian PropTech HouseEasy Raises US$7 Million

Indian PropTech HouseEasy Raises US$7 Million

HouseEazy, an Indian marketplace for resale homes, has raised US$ 7 million from investors in a series-A funding round. The round was a mix of equity and debt led by Chiratae Ventures and saw participation from Alteria Capital and

Meteora Acquires Real Estate Platform Maisour

Meteora Acquires Real Estate Platform Maisour

In a strategic move aimed at revolutionising UAE’s real estate investment landscape, Dubai-based Meteora Developers has announced the multi-million dollar acquisition deal of Maisour, a DIFC-based property crowdfunding platform.

VeriEstate to Debut as Dubai’s Premier PropTech Startup

VeriEstate to Debut as Dubai’s Premier PropTech Startup

VeriEstate, a Dubai-based PropTech startup, is set to transform the real estate industry with its innovative all-in-one property assessment platform. Registered with the DIFC Innovation Hub, the largest innovation ecosystem in the region.

Rome-based Rent2Cash Closes €3m

Rome-based Rent2Cash Closes €3m

Rent2Cash, an Italian startup bringing rental advance services to landlords, offering upfront payouts of up to three years’ rent, has raised a €3 million pre-seed round and launched operations in Italy. The investment is financed by major Italian banking groups, as well as institutional investors and business angels.

Stake Raises $14m to Expand into Saudi Market

Stake Raises $14m to Expand into Saudi Market

Stake, the leading digital platform for real estate investment, has successfully raised $14million in a recent funding round. The investment was led by Middle East Venture Partners (MEVP), with participation from Aramco’s Wa’ed Ventures, Mubadala Investment Company, Al Jomaih Holding, and the US-based

Dubizzle Group Acquires Drive Arabia

Dubizzle Group Acquires Drive Arabia

Dubizzle Group, the premier online classifieds platform in the Middle East, reinforces its dominance in the automotive sector throughout the MENA region

Indian PropTechs Ride the Unicorn Wave

Indian PropTechs Ride the Unicorn Wave

The demand momentum in the Indian real estate market, especially the residential segment, has spurred the growth of PropTechs, some of which have

Emrill and Clemtech Partner for Advancement of Rail Sector

Emrill and Clemtech Partner for Advancement of Rail Sector

Award-winning UAE-based facilities management service provider Emrill has launched Emrill Rail, its latest division providing comprehensive solutions tailored to the unique needs of the country’s railway supply industry. Emrill Rail has strategically partnered with Clemtech, a leader

Property Finder Appoints New CTO

Property Finder Appoints New CTO

PropTech portal Property Finder has appointed Himanshu Niranjani as Chief Technology Officer and Vladimir Malugin as UAE Country Manager. As PropTech

Indian PropTech Amber Bags $21 Million

Indian PropTech Amber Bags $21 Million

Student accommodation platform Amber has bagged $21 million in a funding round led by private equity firm Gaja Capital. The funding comprises $18.5 million

Roam Raises $1.25M in Seed Funding

Roam Raises $1.25M in Seed Funding

Roam, a real-estate company that helps buyers purchase homes with assumable low-rate mortgages, has raised $1.25 million in seed funding. Founded by

Saudi PropTech Rize Secures $2.9m Funding

Saudi PropTech Rize Secures $2.9m Funding

Saudi Arabia-based PropTech start-up Rize, which operates a rent now, pay later platform, has raised $2.9 million to fund its expansion across the kingdom. The new seed round drew investments from

RealReports Secures $2Million in Seed Round

RealReports Secures $2Million in Seed Round

RealReports, a PropTech firm formerly known as BHR, has successfully raised $2 million in a seed funding round led by TTV Capital, Moderne Ventures, Erez Capital, alongside other

Property Portal Rightmove Acquires HomeViews

Property Portal Rightmove Acquires HomeViews

Rightmove plc, UK’s largest property portal, announced its acquisition of HomeViews Platform Limited for £8 million on February 1, 2024. HomeViews is known

Introducing Marrfa: A New PropTech Venture

Introducing Marrfa: A New PropTech Venture

Days after quitting B2B fashion start-up Fashinza, its co-founder Jamil Ahmad has launched a full stack managed real-estate marketplace Marrfa. A SaaS start-

The Future of Lifestyle Revolution

The Future of Lifestyle Revolution

With thousands of communities counting on our expertise in India, NoBrokerHood is looking forward to extending this triumph and trust on an international

Rently Launches Services in Singapore

Rently Launches Services in Singapore

Rently, a Singapore-based startup that combines finance and property tech, has launched its services in the city-state – its first market. The company said that it is currently in the seed stage and is

AirBrick Targets $3 Million Sales

AirBrick Targets $3 Million Sales

AirBrick, a tech-driven commercial design and build brand in India, has announced its plans for future expansion and growth.  With a commitment to integrate

Al-Futtaim Partners with UL Solutions

Al-Futtaim Partners with UL Solutions

The leading provider of holistic and 360-degree technology solutions in the building industry, Al-Futtaim Engineering & Technologies announced its strategic

HouseEazy Raises $1 Million in Seed Round

HouseEazy Raises $1 Million in Seed Round

HouseEazy, an online marketplace for pre-owned homes, has raised $1 million in a seed round led by Antler along with participation from India Accelerator, AC

GetSetHome Bags Funding Worth $1 Million

GetSetHome Bags Funding Worth $1 Million

Mumbai-based GetSetHome, an online platform that manages and provides accommodations on rent, has raised $1 million in a seed funding round from

Prevu Raises $6 million in Series A

Prevu Raises $6 million in Series A

Real estate tech firm Prevu announced a Series A financing round of $6 million. Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss

YourOwnROOM Inks $4 Million Deal

YourOwnROOM Inks $4 Million Deal

YourOwnROOM, a leading PropTech company, has inked a monumental $4 million partnership deal with Rushmore Estates to embark on a pioneering

Detroit Company Revela Raises $9 Million

Detroit Company Revela Raises $9 Million

The multi-billion-dollar property management space has long needed a software revamp. Many solutions are outdated while others are spread thin to provide

UK PropTech Secures £1.5 Million

UK PropTech Secures £1.5 Million

Manchester-based Housr, a student living start-up focused on addressing the housing crisis, has secured £1.5 million (30% of the funding) (€1.75 million), in a

Security Market Embracing Cloud Solutions

Security Market Embracing Cloud Solutions

The adoption of cloud-based solutions for physical security is picking up speed as cyber-concerns about cloud security are lessening, finds Genetec’s 2024

Egyptian PropTech Expands To Greece

Egyptian PropTech Expands To Greece

Egyptian proptech start-up Partment, which provides diverse second home co-ownership opportunities, has expanded to Greece following a five-fold increase

Pi Labs Ventures Into Hong Kong

Pi Labs Ventures Into Hong Kong

Europe’s proptech-focused venture capital firm Pi Labs has expanded internationally through the creation of a new Hong Kong outpost.

UAE Records Increase In Live IT Capacity

UAE Records Increase In Live IT Capacity

The United Arab Emirates has recorded a 15.3% increase in live IT capacity in 2023, reaching 235.3MW, making it the largest data centre hub in the MENA region

Chilean Proptech Raises $3.4 Million

Chilean Proptech Raises $3.4 Million

Legria, the Chilean proptech in the second home market, closed a capital raising of $3.4 million through the fund manager Ameris Capital through private debt.

Silkhaus Announces UAE Expansion

Silkhaus Announces UAE Expansion

Silkhaus (www.silkhaus.com), a cutting-edge proptech start-up dedicated to revolutionising short-term rentals across the Middle East and Asia, has announced

Masdar City Collaborates With Oracle

Masdar City Collaborates With Oracle

Masdar City, a pioneering sustainable urban community and a world-class business and technology hub in Abu Dhabi, and Oracle joined forces through a

AI Features To Ease Community Woes

AI Features To Ease Community Woes

American software provider CINC Systems has launched new artificial intelligence (AI) features within its apps that give homeowners easy access to critical

Developers Urged To Embrace AI In Nigeria

Developers Urged To Embrace AI In Nigeria

The Chief Executive Officer of Data Science Nigeria, Dr Olubayo Adekanmbi, has charged engineers to leverage artificial intelligence for the development of

Munjz To Take Part In Two Proptech Events

Munjz To Take Part In Two Proptech Events

Munjz, the leading Saudi-based proptech company, has been riding a wave of success. It all set to take part in two prominent property events this month in the

Nomad Homes Bags $20 Million In Series A

Nomad Homes Bags $20 Million In Series A

Nomad Homes, a software-enabled marketplace for residential real estate across Europe and the Middle East (EMEA), announced that it has closed a $20

Saudi Proptech Ejari Raises $1 Million

Saudi Proptech Ejari Raises $1 Million

Saudi-based proptech, Ejari announced the closing of a $1 million (SAR 3.75 million) pre-seed round led by Hambro Perks’ Oryx Fund and Sanabil 500 MENA

Keyper Raises $6.5 Million In Seed Funding

Keyper Raises $6.5 Million In Seed Funding

Keyper, a Dubai-based property technology start-up, has raised $6.5 million in a seed funding round that it will use to expand its operations and geographical

Proptech Investor Gruhas Backs Qdesq

Proptech Investor Gruhas Backs Qdesq

Qdesq, a flexible workspace marketplace, has secured an undisclosed amount in a fresh funding round from proptech-focused venture capital firm Gruhas.

The Importance of IoT in Security

The Importance of IoT in Security

The role of technology in real estate cannot be understated. Right from searching of homes to streamlining of paperwork, tech is being used in every possible

Property Portal Bayut Unveils BayutGPT

Property Portal Bayut Unveils BayutGPT

Pioneering property portal Bayut has further revolutionised the hunt for a new home or real estate investment by leveraging the latest artificial intelligence technology.

Qbiq Secures $10 million In Seed

Qbiq Secures $10 million In Seed

qbiq, a visualisation platform using GenAI for real estate space planning, has announced that it has raised $10 million in seed from strategic investors including

Proptech Start-up Lists On Nasdaq

Proptech Start-up Lists On Nasdaq

Singapore property start-up Simpple listed on the Nasdaq exchange in the United States recently as part of ambitious global expansion plans. Founder and

Proptech Firm Lamudi Lays Off Employees

Proptech Firm Lamudi Lays Off Employees

Lamudi, an online real estate classifieds platform, has laid off staff in Indonesia to “maximise growth and improve business efficiency.” It did not specify the

India's Homesfy Forays into Dubai

India's Homesfy Forays into Dubai

Mumbai-based Homesfy Realty Ltd., India’s first listed real estate tech-enabled brokerage firm, has expanded to Dubai. In the fourth quarter, Homesfy’s

Silkhaus Raises $7.75m Seed Round

Silkhaus Raises $7.75m Seed Round

Homegrown UAE startup Silkhaus has secured $7.75m in seed funding, backed by top global venture capitalists and entrepreneurs

SJP Properties Inks Lease with Siemens

SJP Properties Inks Lease with Siemens

SJP Properties has inked a deal with industrial technology company Siemens for 65,500 square feet of office space within the amenity-rich campus. In addition to a variety of on-site lifestyle amenities and a suite of hospitality-

Real Estate

live Now