Proptech

The company currently supports more than 10,500 properties with a combined value exceeding $6bn, serves 4,000 landlords, and has surpassed 100,000 app downloads

Proptech startup Gllit’s co-founder explains how technology, AI-powered tools, and a growing base of digital-first users are reshaping how property transactions

Founded in 2020, Holo operates in the UAE and Saudi Arabia, offering digital mortgage services and property-buying support

The deal underscores PRYPCO’s position as one of the region’s fastest-growing proptech platforms, with the company already facilitating close to Dhs10bn in mortgages

PRYPCO Blocks, launched with the aim of making premium regulated property investment accessible globally, offers entry from Dhs2,000

From its inception to June this year, PRYPCO Mortgage has arranged Dhs9.67bn in mortgage deals, the company said

Since going live, PRYPCO Mint has attracted investors from over 50 nationalities living in the UAE

Its inaugural listing — a two-bedroom apartment in Business Bay valued at Dhs2.4m — was oversubscribed within 24 hours by 224 investors from over 40 nationalities

All tokenised offerings during the pilot phase must come from companies licensed by VARA

With property prices and rental yields on the rise, and technologies like AI and blockchain unlocking new investment models, the emirate is setting the pace for the future of real estate