PropSpace, a leading software solution for the real estate sector, has announced the launch of its new Arabic version that will cater to the Middle East and North Africa (Mena) region.

Commenting on the launch, Alex Nicholas, the founding partner of JRD Group, the parent company at the helm of PropSpace, said: "The release of the Arabic version reflects our clear and constant commitment to pursuing innovation and using technology to tangibly transform the real estate sector."

"Arabic is the official language of over 25 countries, representing nearly 400 million speakers. We are delighted to provide our existing and prospective customers in the Middle East with an advanced and world-class software solution that can be utilised in their native language," noted Nicholas.

Developed in 2011 by technology enterprise JRD Group, PropSpace has become the most popular industry enterprise software in the UAE, with over 95 per cent of the nation’s real estate brokerages utilising the cloud-based system, he added.

The launch of the Arabic version follows significant steps by JRD Group to expand the PropSpace client base across the Mena region and globally, to more established markets further afield.

Following a successful soft launch in London, UK, this September, PropSpace made a promising debut at the 2015 Realtors Conference and Expo held last month in San Diego, California (US); the first in a series of moves intended to position itself as the premier cloud-based real estate software solution worldwide, said Nicholas.

Considered the region’s first full-scale multi-functional cloud-based real estate software, PropSpace consists of multiple modules that capture to a variety of workflows in the real estate sector, including but not limited to lead management, listings, deal flow, document generation and the region’s largest private MLS (multiple listings service).  

This development elevates PropSpace to a prominent position in the region’s real estate software market, where a compelling need exists for enterprise software in Arabic, he added.

"Technology is a powerful agent for change but to truly transform an industry, ensuring regional and consumer relevance is critical," remarked Dr Khaldoon Tabaza, the founder and managing director of iMENA Group, which made an investment in JRD Group earlier this year.

“PropSpace continues to implement pioneering moves in real estate technology. The launch of Arabic version will encourage more individuals and institutions to join the software revolution, optimising their businesses and collectively streamlining what is often a fragmented industry,” he added.-TradeArabia News Service