BRKZ, a leading Saudi-based technology-enabled building materials procurement platform, has announced that it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers.
Dubai Future Foundation (DFF), in collaboration with Dubai Land Department (DLD) and Digital Dubai, has launched a new pathway through Sandbox for PropTech innovators from across the globe to test and develop their business models, products and services in a safe, real-world environment.
UAE's PropTech sector is poised for solid growth over the coming years with the market set to hit AED5.95 billion ($1.6 billion) by 2032 with a CAGR of 13.28% between 2026 and 2032, thanks mainly to Virtual Reality and Augmented Reality technologies that are driving this evolution, said a report.
Dubai Future District Fund (DFDF) has announced eight new investment commitments during 2025, expanding its portfolio to 30 investments comprising 11 venture capital funds and 19 high-growth startups. It also broadened its investments across priority sectors such as PropTech and AI.
Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer.
