UAE-headquartered proptech startup Byit Capital has raised $1.1 million in strategic funding from A15, Beltone Holding, and a group of angel investors, as it prepares for a new growth phase across Saudi Arabia and the wider Gulf.
Founded in 2022 by Antoine Azer, Byit operates an agent-first brokerage model, offering freelance brokers up to 90 percent of developers’ commission, access to verified developer inventory, and a data-driven workflow that aims to modernise a traditionally fragmented real estate market.
The company began in Egypt before expanding to the UAE, and has since grown into one of the region’s fastest-scaling proptech platforms. Byit now counts more than 40,000 freelance brokers, over 450 partners, and more than 1,000 mapped projects, positioning itself as an alternative to conventional brokerage structures that typically rely on heavy commission splits and limited transparency.
The new funding will be used to strengthen Byit’s UAE operations, accelerate its entry into Saudi Arabia, and expand its developer ecosystem across the Gulf. The backing from A15 and Beltone signals increasing institutional confidence in a model designed to standardise how real estate transactions are sourced and closed across the region.
“Our goal has always been bigger than building a platform; it’s about setting a new standard for how the industry operates,” said Azer. “This investment confirms that the market is ready for a fundamentally different kind of brokerage model, one that prioritises transparency, accountability, and real value for both agents and developers.”
