Byit Capital Secures $1.1M to Disrupt Gulf’s Real Estate Market

Byit Capital seems to be moving at full tilt these days, having just secured USD 1.1 million from A15, Beltone Holding and a group of angel investors. The company, which began life in Egypt before planting deeper roots in the UAE, says this fresh backing will speed up its push into Saudi Arabia and the wider Gulf. I’ve watched enough proptech pitches over the years to know that many promise the moon, but this one appears to have struck a chord with investors who don’t usually throw money around for fun.

What caught their attention? Well… I mean, Byit’s agent‑centred model has been gaining ground fast. With more than 40,000 freelance brokers already on the platform, it’s become one of the more talked‑about disruptors in the region’s real estate scene. Instead of the usual commission maze that can be a bit of a faff for both agents and clients, Byit offers brokers up to 90% of developers’ commissions, verified access to inventory, and a broad network of over 450 partners and 1,000 mapped projects. I reckon that kind of clarity is spot on for a market that’s often fragmented and, frankly, painfully old‑school.

There’s also a sense that the company has timed its expansion wisely. The Gulf is in the middle of a real estate boom—everyone feels it, whether you’re in Dubai, Riyadh or tucked away in a coworking space somewhere in between. And believe it or not, this kind of consistency in proptech infrastructure is still rare. At Arageek, we often meet founders who dream of solving similar bottlenecks but struggle to scale; seeing one actually break through reminds me of a startup gathering I attended in Sharjah, where so many young brokers said they just wanted a system that didn’t treat them like an afterthought.

According to Antoine Azer, the company’s founder and CEO, the ambition has “always been bigger than building a platform,” explaining that the aim is to set “a new standard” for how the industry operates. He added that the investment signals growing appetite for a brokerage model built on transparency and accountability—two words that get thrown around far too much, but here they seem to be tied to a proper business case rather than wishful thinking.

On the flip side, scaling at this speed is no walk in the park. Strengthening operations in the UAE while entering Saudi Arabia—and expanding its developer ecosystem across the region—will test Byit’s operational backbone. But the company appears chuffed to bits with the traction so far, and the new funding gives it the runway to prove whether its model is as scalable as it sounds.

If all goes to plan, Byit might just nudge the Gulf’s real estate market into a more modern, data‑driven era. And honestly, that’s something the region definately needs.

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