Egyptian prop-tech startup Byit expands into UAE

Egyptian prop‑tech startup Byit has expanded into the United Arab Emirates and launched a new suite of AI‑powered real estate solutions as it seeks to connect Egyptian property supply with Gulf investors. Founded in 2022 by Antoine Azer, the company has established a UAE arm, Byit Ventures, following a US$1.1 million funding round secured late last year. The move comes as Byit leverages its agent‑first broking model and data‑driven platform to facilitate cross‑border transactions and unlock new revenue streams for freelance brokers.

“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,” said Antoine Azer, founder of Byit.

How Byit’s model works

Byit positions itself as an agent‑first marketplace that uses artificial intelligence to streamline the broking process. Its technology is designed to help agents match clients with relevant properties through personalised recommendations and data‑driven insights. The company offers freelance brokers up to 90% of developers’ commission, a structure intended to broaden participation and incentivise a large broker network.

• Founded: 2022
• Founder: Antoine Azer
• Funding: US$1.1 million (late 2025)
• Freelance broker network: over 40,000
• Developer partners: more than 450
• Mapped projects: over 1,000

The startup says it already has a rapidly growing network of over 40,000 freelance brokers, access to more than 450 developer partners and more than 1,000 mapped projects. Byit’s AI suite aims to empower these brokers with tools to manage listings, identify cross‑border demand and execute transactions with greater transparency and efficiency.

Context and regional strategy

Byit’s UAE launch is explicitly targeted at connecting Egyptian property supply with GCC‑based investors. Establishing Byit Ventures in the UAE is intended to make it easier for Gulf capital to flow into Egypt’s real estate market while creating additional income opportunities for brokers operating across borders. The company has identified Saudi Arabia as its next target market, signalling a broader Gulf expansion strategy.

The timing of the UAE expansion follows Byit’s US$1.1 million funding round late last year, a raise the company expects will support its regional growth and product development. The new AI features are presented as core to that plan, enabling more efficient lead matching, personalised property discovery and smoother cross‑jurisdictional transactions.

Outlook

With the UAE base and Byit Ventures in place, Byit is positioned to scale its platform across the Gulf and to funnel more foreign investment into Egyptian projects. The company’s combination of an agent‑friendly commission model, a large broker network and AI tools gives it a differentiated proposition in the regional prop‑tech space, as it pursues expansion into Saudi Arabia and other Gulf markets.