Changer Club has become the official investment partner of the Dubai PropTech Business Group. The group supports property technology companies in Dubai. Changer is a private investment community whose members report about US$25 billion in combined net worth.
Partnership details
The agreement connects Changer's investors with Dubai property technology firms. It creates a channel for identifying and evaluating investment opportunities. The group has more than 260 active members and 200 participating companies.
Changer Club background
Changer was founded in 2019 and is based in Lausanne, Switzerland. It brings together 270 entrepreneurial families across 21 countries. The club operates chapters in Zurich and Dubai.
Dubai proptech market
Dubai government figures put the emirate's proptech market at about AED 2.2 billion in 2023. Officials aim to more than double that value to over AED 4.5 billion. Changer focuses on technologies developed in Dubai that could serve real estate markets abroad.
Changer has invested in 31 technology transactions in the US, Europe, and the Gulf. Its members have seen exits at IQM and Udemy. The new partnership extends that activity into Dubai's property technology sector.