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Dubai-Based Smart Bricks Secures $5M To Automate Property Deals

Andreessen Horowitz backs the startup building AI software to speed underwriting and cross-border real-estate investing.

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dubai-based smart bricks secures $5 million to automate property deals

Smart Bricks has closed a $5 million pre-seed round led by Andreessen Horowitz’s a16z Speedrun fund, bringing Silicon Valley capital into a Dubai-based push to rebuild how property deals are sourced and executed.

The 18-month-old company is developing an AI-native software layer for real-estate investing. Instead of brokers, spreadsheets and weeks of back-and-forth diligence, it runs autonomous systems that scan markets, score assets and handle much of the paperwork. Smart Bricks says that its platform can shrink a process that often takes months down to mere minutes.

smart bricks proptech team

Real estate remains one of the few trillion-dollar asset classes without a modern data stack. Information is scattered across local registries, listings and private networks. Smaller investors still piece together decisions from partial data while large funds rely on proprietary tools.

“Global real estate is one of the largest asset classes in the world, yet most individual and cross-border investors are still operating with PDFs, WhatsApp threads, incomplete data, and opaque fees,” said founder and CEO Mohamed Mohamed. “Institutions have proprietary data, AI underwriting, and integrated execution. Everyone else is effectively flying blind. Smart Bricks closes that gap”.

The platform pulls from more than one million public and proprietary feeds and continuously models supply, pricing, liquidity, regulation and risk. It then surfaces what it ranks as the top 0.1% of opportunities and automates valuation, underwriting, due diligence, negotiation and financing workflows.

Smart Bricks is not positioning itself as a marketplace. It pitches itself as plumbing — infrastructure for capital deploying across cities including Dubai, London, New York and Miami.

“Capital and talent have already gone global; the tooling for real-estate investing has not,” Mohamed said. “Smart Bricks is building the intelligence layer that finally allows real estate to operate at the speed, transparency, and scale modern markets demand”.

Also Read: Saudi Digital Payments Reach 80% As Cash Use Shrinks

Backers alongside a16z include Techstars, 500 Global, Cornerstone VC, South Loop Ventures, Harvard Business School Alumni Angels and Cento Ventures, plus angels from OpenAI, Anthropic, DeepMind, Airbnb and Blackstone.

For Dubai, the deal adds another AI and proptech startup to a growing roster as the emirate tries to anchor global capital and digitize core sectors. Property is central to that story. If software can make cross-border deals faster and less opaque, the region stands to capture more of that flow.

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LUVED Is A New Curated Preloved Marketplace For The UAE

Sellers keep 100 percent of every sale and AI can build a listing in five seconds — though the app’s smartest tools are still coming.

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luved is a new curated preloved marketplace for the uae

Secondhand shopping has become mainstream in the UAE, but the experience is still scattered across resale sites, social media and informal group chats. LUVED, a mobile-first marketplace that launched in Dubai this month, is betting it can pull that activity into one place — and that the thing buyers and sellers actually want is not more inventory, but trust.

The app trades in what it calls circular luxury: preloved fashion and lifestyle pieces across men’s, women’s and children’s categories, bought, sold or given away peer to peer. Its main pitch is economics, with sellers keeping 100 percent of every sale under a zero-commission, fast payout model, while buyers are promised vetted pieces at lower prices.

Where LUVED is staking its reputation is verification. Sellers pass a KYC check, and items run through a two-layer authentication system powered by Entrupy that pairs instant AI screening with human expert review for high-value pieces. Authenticity certificates travel with each item, payments sit in escrow, and a buyer-protection package the company calls The Safety Net adds a 48-hour return window and dispute resolution. Door-to-door logistics removes the in-person meetups that make most resale deals awkward.

An in-app assistant called Luvbot — offering selling insights and demand-based recommendations — is soon to be introduced to the platform. Other features include autofill and dynamic pricing that lets users build a listing in as little as five seconds from three photos, plus a swipe-based feed, story-style drops and in-app chat in English and Arabic. Finally, a gifting layer, Luved & Gifted, lets users pass items to others inside the app rather than sell them.

Also Read: Logitech’s New Folding Mouse Is Designed For Work On The Go

“After moving to Dubai, I saw how difficult it was to sell or even give things away,” says founder and CEO Shaima Sibtain. The friction is real, and so is the competition. In resale, trust is won transaction by transaction — and that is the test LUVED has set itself.

The app is live on the App Store now, with Google Play to follow. The company also plans to expand across the region, which will be the real test for a marketplace staking everything on trust.

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