News
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.
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.

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”.
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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.
News
NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country
NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
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