Dubai real estate sector to witness $86.5bn PropTech boom

dubai real estate

DUBAI: Dubai real estate firms are expecting an $86.5 billion surge in the PropTech market owing to innovative investment opportunities. 

As per a report, much of that development is attributed to a strong start-up ecosystem, increased demand for SMART solutions and enhanced government support. 

As per Zoom Property Insights, the PropTech start-ups have acquired $100 million in funding in the past five years. 

According to statistics, more than 200 PropTech start-ups are established in the MENA region. Estimates suggest that the number will further grow in the future. 

Moreover, the annual growth was up to 16.8% which increased from $18.2 billion in 2022 to  $86.5 billion by 2032. 

For news and blogs, visit