UAE-headquartered proptech platform Byit Capital has raised $1.1 million in strategic investment from A15, Beltone Holding, and several angel investors, marking a key step in its expansion across the Gulf property market.

The company, which began its operations in Egypt before expanding to the UAE, is now preparing to enter Saudi Arabia and additional Gulf markets. The backing from two major regional investors signals growing institutional confidence in Byit’s attempt to reshape real estate brokerage with a more transparent, agent-centric model.

Byit has built its growth around the region’s large network of freelance brokers — a segment the company says is underserved by traditional brokerage structures. With more than 40,000 freelancers using the platform, Byit positions itself as a scalable alternative to conventional, commission-heavy models by offering brokers up to 90% of developers’ commissions. It also provides access to verified developer inventory, a network of over 450 partners, and more than 1,000 mapped projects.

Expanding into the GCC’s most active real estate markets

The new capital will support Byit’s expansion strategy, including strengthening its UAE operations, fast-tracking its entry into Saudi Arabia, and growing its developer ecosystem across the Middle East. The company says its model is designed to standardize and modernize a highly fragmented brokerage landscape as digital platforms continue to reshape how property transactions are sourced and closed. 

Founder and CEO Antoine Azer said the raise validates Byit’s push toward a more accountable and transparent brokerage system. “Our goal has always been bigger than building a platform, it’s about setting a new standard for how the industry operates. This investment confirms that the market is ready for a fundamentally different kind of brokerage model, one that prioritizes transparency, accountability, and real value for both agents and developers,” Azer said.

A fast-growing proptech model in a high-demand market

The Gulf’s real estate market — particularly the UAE and Saudi Arabia — continues to see rising demand for technology-enabled brokerage platforms as developers compete for distribution and agents seek more flexible earning structures. Byit’s offering taps into this shift, aiming to reduce friction between developers and agents while enabling a scalable supply-side network across multiple countries.

With its latest funding, the company says it is positioned to accelerate growth and continue building a data-driven model for property sales across the region.