Byit Capital, a fast-growing proptech platform headquartered in the United Arab Emirates, has closed a $1.1 million strategic round from A15, Beltone Holding, and a group of angel investors. The raise marks a significant step in the company’s ambition to standardize and scale real estate brokerage services across the Gulf Cooperation Council. Positioned at the intersection of technology, data, and real estate distribution, Byit is seeking to modernize how brokerage is done in some of the region’s most dynamic property markets.
From Egypt Roots to Gulf Ambitions
The company began its journey in Egypt, where it refined its model before relocating its headquarters to the UAE to be closer to key Gulf markets. With that foundation in place, Byit is now preparing for an aggressive expansion into Saudi Arabia and other Gulf countries. This cross-market evolution is central to its strategy of building a unified, tech-enabled brokerage infrastructure that can operate across borders and regulatory environments.
An Agent-First Model in a Fragmented Market
Byit is targeting a real estate landscape that has traditionally been fragmented, opaque, and heavily commission-driven, often leaving brokers with limited transparency and bargaining power. The platform’s agent-first approach is designed to flip this dynamic by giving freelance brokers a larger share of commissions along with tools to manage their pipeline more efficiently. By rebalancing incentives between developers and agents, the company aims to create a more aligned ecosystem that rewards performance and professionalism.
Scaling a Network of Freelance Brokers
Today, Byit works with more than 40,000 freelance brokers across its markets, making it one of the largest agent networks of its kind in the region. These brokers gain access to a curated, verified inventory of properties from developers, alongside a growing network of over 450 ecosystem partners. The platform also maps more than 1,000 projects, enabling agents to match inventory to client needs using structured data rather than relying solely on personal connections or informal listings.
Redefining the Brokerage Economics
At the core of Byit’s proposition is a model that allows agents to earn up to 90 percent of developers’ commissions on deals sourced and closed through the platform. This structure is designed to attract high-performing brokers who are motivated by clear, transparent economics and the ability to build their own businesses on top of Byit’s infrastructure. In parallel, developers gain a scalable distribution channel while retaining visibility into sales performance, lead quality, and conversion metrics.
Fueling Regional Expansion with Fresh Capital
The new funding is earmarked to deepen Byit’s presence in the UAE, accelerate its entry into Saudi Arabia, and expand its developer ecosystem across the broader Middle East. Investment will also support product development, data capabilities, and operational capacity as the company handles a larger volume of transactions and agents. With institutional backers now on board, Byit is positioning itself as a regional proptech player that can help shape how real estate transactions are sourced, managed, and closed.
A Vision to Reset Industry Standards
Founder and CEO Antoine Azer frames the company’s mission as one of reshaping the operating standards of the brokerage industry, rather than simply building another listing platform. He argues that the market is ready for a fundamentally different brokerage model, centered on transparency, accountability, and fair value for both agents and developers. The latest investment serves as external validation of that thesis and provides the capital base needed to test it at greater scale.
With fresh backing from A15, Beltone Holding, and angel investors, Byit enters its next phase of growth with both capital and credibility behind its expansion agenda. The company now faces the execution challenge of scaling its agent-first model while maintaining the quality, transparency, and data discipline that underpin its value proposition. If successful, Byit could become a reference point for how proptech platforms in the Gulf and beyond redesign the economics and operations of real estate brokerage.