Construction & Real Estate

AI native real estate firm Huspy acquires Dubai brokerage LuxuryX

DUBAI
AI native real estate firm Huspy acquires Dubai brokerage LuxuryX

Huspy, one of the largest AI-native real estate companies in the Middle East and Europe, has announced that it has acquired Dubai-based luxury real estate brokerage LuxuryX, thus marking a significant expansion of its UAE real estate business. The strategic buy supports the upcoming launch of Huspy Signature, its new luxury real estate brand, next month.

Huspy Signature will present a curated portfolio of luxury properties and investment opportunities across Huspy’s international markets. The platform will combine specialist property advisory with access to Huspy’s mortgage partner services, creating an integrated experience for high-net-worth buyers, investors, and property owners, said the statement.

Founded by Patrick Hayden, LuxuryX comprises specialist property consultants focused on Dubai’s luxury residential market. The brokerage has built its reputation around, luxury market expertise, and a highly personalised approach to client representation. 

Hayden brings more than two decades of luxury real estate experience across Dubai, Australia, and the UK with an award-winning track record spanning landmark transactions and long-term client advisory.

Accelerating Huspy’s UAE market leadership

The acquisition comes amid continued growth across the UAE real estate sector. Dubai recorded AED252 billion ($68.6 billion) in real estate transactions during the first quarter of 2026, representing a 31% year-on-year increase in value. 

In Abu Dhabi, transaction values reached AED117 billion during the first half, rising 112% year on year, while foreign direct investment increased 309% to AED13.8 billion. 

Huspy further strengthened its position in the luxury property segment by completing Palm Jebel Ali’s highest recorded resale transaction at AED49 million.

On the strategic move, Jad Antoun, the CEO of Huspy, said: "Dubai and the UAE is where Huspy began and remains extremely central to our ambition of building the largest homebuying AI-native company across the Middle East and Europe."

"LuxuryX has built a very efficient business in a segment we are doubling down on heavily. The acquisition gives us the right team and expertise to accelerate our growth in the luxury property market," he stated.

The LuxuryX team will become part of Huspy’s growing UAE real estate operation, bringing its specialist market knowledge, client relationships, and high-performing agents into Huspy’s wider technology and operational infrastructure.

On the deal, Hayden said: "LuxuryX was founded on the belief that luxury is defined by the quality of the experience, not simply the value of the property. Huspy shares our focus on exceptional people, long-term client relationships, and a more sophisticated standard of real estate advisory."

"Joining Huspy gives our team access to the technology, infrastructure, and international reach required to take that vision further," he added.

AI-native tech built around agent performance

The launch represents the next stage of Huspy’s expansion, extending its real estate and mortgage capabilities into the premium and luxury segments while connecting clients with opportunities across multiple international markets, including Dubai, Milan, Madrid, Marbella, Barcelona and Ibiza.

Mark Castley, CEO of Real Estate, Huspy, said: "Our growth is not driven by agent headcount alone. It is driven by the technology and infrastructure we build around every agent." 

"Our new real estate and mortgage platforms connect the complete homebuying journey, from matching buyers with the right property to securing the right financing. As we expand further within the luxury market, this technology will give our agents greater intelligence, speed, and control while enabling them to deliver the highly personalised experience luxury clients expect," he added.