Byit, a proptech startup founded in Egypt, has expanded its business into the UAE. The company has also launched new AI-powered tools for the real estate sector.
These solutions are designed to help real estate brokers work more efficiently and make cross-border property deals easier and faster.
The expansion comes only a few months after Byit raised strategic funding from A15, Beltone Holding, and several angel investors. The investment shows strong confidence in the company’s plan to modernise the real estate brokerage industry in the region.
As part of its growth strategy, Byit has launched Byit Ventures in the UAE. This will help the company connect property opportunities in Egypt with buyers and investors from other countries, especially from the GCC region.
The company said the expansion could create new income opportunities for brokers and also help attract more foreign investment into Egypt’s real estate market.
Antoine Azer, Founder of Byit, commented: “Our expansion into the UAE marks a key milestone in Byit’s regional journey. We are building more than just a platform; we are enabling brokers to operate across borders with greater efficiency, transparency, and access to international demand. With AI at the core of our technology, we are redefining how real estate transactions are executed in the region.”
Nader Jimmy, Chief Revenue Officer (CRO) at Byit, added: “This expansion, combined with our recent funding, puts us in a strong position to scale across the GCC. By connecting brokers with international buyers and equipping them with advanced AI tools, we are driving higher transaction volumes and unlocking new growth opportunities for the market.”
He continued: “At Byit, we are focused on building the infrastructure that brokers need to succeed in a competitive and fast-evolving landscape, from lead generation and data insights to closing deals more efficiently. Our ambition is to become the go-to platform for real estate brokers across the region.”
Founded in 2022 by Antoine Azer, Byit follows an agent-focused brokerage model. The company offers freelance real estate brokers up to 90% of the commission paid by property developers.
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