Daleel, an AI-native real estate intelligence platform, has successfully secured $3 million in a pre-seed funding round from a prominent angel investor. Founded by Ilan Cohen and Ely Weichsel, the UAE-based startup aims to provide a unified and transparent view of the GCC property market. This significant early-stage investment underscores the growing demand for data-driven solutions in a traditionally fragmented real estate sector.
Tackling Data Complexity with AI
At its core, Daleel addresses the persistent challenge of scattered and often unreliable property data across the Gulf region. The platform leverages artificial intelligence to consolidate official government transaction records with live property listings from various portals. This process creates a single, auditable source of truth, designed to empower users with accurate and timely market insights for better decision-making.
Through a conversational interface, users can query the platform for complex information, such as expected rental yields or specific investment opportunities. The system generates answers by blending verified government records with current market listings, removing duplicates and inconsistencies along the way. This functionality aims to remove much of the guesswork and manual research typically involved in property analysis.
Leveraging Official Data Sources
A key differentiator for Daleel is its operation under the Dubai Land Department’s Real Estate Evolution Space (REES) programme. This strategic alignment grants the platform direct access to a wealth of historical and live governmental datasets. This includes crucial information such as actual sale prices, registered Ejari rental contracts, and official mortgage registrations.
The platform further enriches this foundation by integrating data on construction progress and building service charges. By unifying these verified data points, Daleel provides a comprehensive intelligence layer for all market participants. This level of granularity is crucial for buyers, investors, agents, and developers seeking to navigate the market with confidence.
Strategic Growth and Regional Expansion
The newly acquired $3 million in capital will be instrumental in accelerating the company's growth trajectory. A significant portion of the funds is allocated to enhancing product development and launching dedicated mobile applications for wider accessibility. This focus on technology will be central to scaling the platform's capabilities and improving the overall user experience.
Beyond product enhancement, Daleel is set to expand its geographical footprint within the United Arab Emirates, with plans to extend coverage to Abu Dhabi and other emirates. This move marks the first step in its broader regional ambition. The company is also laying the groundwork for a strategic entry into the Saudi Arabian market.
This expansion is timed to coincide with anticipated regulatory changes in Saudi Arabia that will permit foreign property ownership. By positioning itself ahead of this market shift, Daleel aims to establish itself as a core infrastructure for real estate transactions. The company's long-term vision is to become an indispensable tool across the entire GCC region.
This substantial pre-seed funding round serves as a strong endorsement of Daleel's mission to bring order and intelligence to the GCC's dynamic property market. As the region, particularly Saudi Arabia, continues to open up, the demand for reliable, AI-driven insights is set to increase significantly. Daleel is now well-positioned to capitalize on this trend and become a pivotal player in the evolving proptech landscape.