Egypt-Based Proptech Byit Expands Into UAE Following $1.1M Round

Egypt-born proptech startup Byit has expanded into the UAE and launched a new suite of AI-powered real estate tools as part of plans to grow its regional presence across the Gulf.

Founded in 2022 by Antoine Azer, the Egypt-born company operates a brokerage platform focused on freelance agents, offering brokers up to 90% of developers’ commissions through what it describes as an agent-first model.

The expansion includes the launch of Byit Ventures, a platform designed to connect Egyptian real estate inventory with Gulf-based investors while facilitating cross-border property transactions.

According to the company, its technology uses artificial intelligence to support data-driven property matching, personalised recommendations, market analysis, client management, and broker performance optimisation.

Byit said it currently works with more than 40,000 freelance brokers, over 450 developer partners, and more than 1,000 mapped real estate projects.

The move follows a $1.1 million funding round completed in late 2025 with backing from A15, Beltone Holding, and angel investors.

“Our expansion into the UAE marks a key milestone in Byit’s regional journey,” said founder Antoine Azer. “With AI at the core of our technology, we are redefining how real estate transactions are executed in the region.”

The company identified Saudi Arabia as its next target market as it continues scaling across the GCC.

Byit said the expansion is expected to create additional revenue opportunities for brokers while supporting increased foreign investment flows into Egypt’s real estate sector.