Proptech: Revolutionizing Real Estate Market in MENA Region
The real estate market in the MENA region has seen significant changes in the last few years, thanks to the wider integration of technology in various economic sectors in the region. The emergence of proptech, a term that refers to the use of technology in the real estate industry, has had a profound impact on how people buy, sell, rent and manage properties in the region. According to a report by MAGNiTT, $128 mn worth of funding has been channeled into the proptech industry in the MENA region in 2021.
