Al Marwan Developments has launched District 11, the UAE’s first AI-designed smart work resort, spanning 3.5 million sq ft across 11 buildings in Sharjah. The development features premium offices, a 368-unit hotel, and 3,000 parking spaces, combining advanced infrastructure, sustainability, and human-centric design. District 11 aims to enhance Sharjah’s investment appeal and support economic diversification.
The Lab Ventures has closed its €29.1 million Fund II to accelerate investment in early-stage B2B startups across Spain and MENA markets. Focused on sectors including PropTech, HealthTech, and professional services digitisation, the operational VC combines capital with hands-on support in product, engineering, business development, and talent acquisition to help founders scale efficiently.
PRYPCO has launched PRYPCO One, Dubai’s first super app for real estate agents. With over 9,000 users, the platform integrates property listings, mortgage pre-qualification, mini-websites, and a gamified rewards system, offering agents smarter tools and faster transactions across the UAE.
Property Finder has secured $250 million in debt financing from Ares Credit Funds to accelerate its growth across the MENA region. The funding will support AI-driven solutions, product innovation, and strategic partnerships while reinforcing the company’s position as the region’s largest property platform.
REMAX® has expanded into North Africa with the sale of REMAX Morocco, a new master franchise headquartered in Casablanca. Led by Rachida Khalil and Bilal Dabri, the venture aims to establish more than 100 franchises and recruit over 1,000 agents, further strengthening REMAX’s position as the world’s most productive real estate network.
Chicago-based proptech firm Outcome has launched from stealth with its AI-powered orchestration platform for commercial real estate. Described as “The AI start button for CRE,” the platform allows property firms to become AI-active in minutes, bypassing traditional readiness stages and unlocking automated workflows and insights across the asset lifecycle.
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