Dubai, UAE – Prop-AI, the UAE-based AI-powered real estate investment platform, has announced the successful close of its $1.5 million pre-seed funding round from a notable mix of regional and international investors.
The round was led by Plus VC, the most active venture capital firm in MENA, with participation from Joa Capital, Select Ventures, Oraseya Capital, Plug and Play Tech Center, and several strategic angel investors and family offices from Saudi Arabia and Bahrain.
Founded in 2023 by Ranime El Skaff and Christian Kunz, Prop-AI offers an AI-powered platform that revolutionizes the way people discover, evaluate, and invest in real estate. The company provides real-time data, predictive analytics, and an intelligent interface that empowers individuals and institutions to make confident investment decisions.
“Our mission is to build the ‘Bloomberg of Real Estate’,” said CEO Ranime El Skaff.
“Real estate is the largest asset class globally, yet still one of the least digitized. We’re transforming how investment decisions are made—regionally and globally.”
“We’re grateful for the strong backing from our investors. Their support validates our vision and gives us the power to scale. This round enables us to empower users—individuals, institutions, even AI systems—to invest with confidence, backed by the most accurate data.”
The company reported over 3x revenue growth in Q1 2025 and was recently awarded the prestigious AI Seal of Excellence by the Dubai Centre for AI—becoming the first PropTech startup to receive this recognition.
The new funding will go toward:
- Expanding regional data integration
- Enhancing AI and machine learning capabilities
- Forging partnerships with developers, brokerages, and financial institutions
- Launching new platform features, including an interactive investor map and API tools
Hasan Haider, Managing Partner at Plus VC, commented:
“Prop-AI is at the forefront of PropTech, merging cutting-edge AI with real estate insight. Their timing, execution, and product vision are exceptional. We’re proud to support their journey.”
Julien Plouzeau, Senior Partner at Oraseya Capital, added:
“They are addressing a key market gap by helping users think like investors, not just buyers. Their tools are set to redefine real estate decision-making.”
Christian Kunz, Co-founder of Prop-AI, concluded:
“This round marks a milestone in our mission to build the region’s most trusted AI real estate infrastructure. We’re now focused on launching Prop-AI Business, APIs for professionals, and the region’s most advanced Agentic AI—designed to enable intelligent, data-driven decisions across the industry.”
