Two UAE-based firms have gotten a boost from investors both domestically and from elsewhere in the region.

#1- Unique Properties backs AI real estate platform Air: Dubai-based Unique Properties will invest USD 20 mn over two years in AI-powered real estate startup Air, as part of a broader push to integrate artificial intelligence into the UAE’s property sector, according to a pressrelease.

Aire? The startup operates a fully automated proptech platform built around predictive analytics and intelligent automation, offering end-to-end support across the real estate process.

REFRESHER- The move comes as the UAE accelerates real estate digitization. Dubai recently launched the pilot phase of its first government-led real estate tokenization project, aiming to drive AED 60 bn in transactions by 2033. The Dubai Land Department tapped Ctrl Alt to mint blockchain-based title deed tokens on the XRP Ledger — in partnership with the Virtual Assets Regulatory Authority — with investments starting at AED 2k via the Prypco Mint platform. Last month, Prypco’s debut offering — a Damac Maison Prive unit — was fully funded in 24 hours.

#2- Equivator invests in UAE’s Related: Alternative asset management and advisory firm Equivator invested SAR 30 mn in Dubai-based Related to accelerate its expansion in the Kingdom and scale its AI- and blockchain-powered loyalty and rewards platform, it said in a press release.

About Related: Founded in 2014, the marketing technology firm delivers loyalty and reward solutions across the GCC and the Middle East region, including program design and management, reward marketplace, and data reporting.

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