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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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Syria Just Got Its First Super App Featuring Built-In Digital Payments

Built by UAE-based Syrian founders with the Ministry of Tourism’s backing, My Syria lands as visitor numbers more than double.

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syria just got its first super app featuring built-in digital payments

For most of the past decade, paying for anything in Syria with an international card was effectively impossible. Sanctions, a collapsed banking sector, and years of isolation left the country running on cash. That is what makes the launch of My Syria — the country’s first super app — more than a routine product announcement.

Developed by 121 Living, a company founded by four UAE-based Syrian entrepreneurs — Rami Kaiem, Feras Kaiem, Waseem Qudmani, and Kinan Madi — the app launched in Damascus on July 30 under the patronage of Minister of Tourism Mazen Al-Salhani. It bundles hotels, restaurants, transport, attractions, food delivery, and other lifestyle services into a single platform, currently offering eight services with plans to expand to more than 40 verified tourism and hospitality providers across the country.

Although the app already sounds enticing, the headline feature is its built-in payments. My Syria is the first platform in Syria to support cross-border digital payments through Apple Pay, Google Pay, Visa, Mastercard, and American Express — familiar tools for international visitors, and a route into the digital economy for local businesses that have long operated outside it.

my syria super app launch event

The launch rides on a sharp rebound for the troubled country. Syria’s tourism sector recorded 3.52 million visitor arrivals in the first half of 2026, a 111 percent increase over the 1.67 million during the same period in 2025 — a mix of returning expatriates, regional visitors, and international tourists.

Also Read: This UAE Platform Wants To Replace Fashion Photo Shoots With AI

The Ministry of Tourism, which supported and supervised the app’s development, frames the launch as proof of concept for a wider strategy. “Digital transformation is one of the Ministry’s strategic priorities because it enables us to build a more competitive, connected and investment-ready tourism sector,” Al-Salhani said, inviting technology companies “globally, regionally and locally” to explore opportunities across the wider economy.

For 121 Living, this is phase one, with additional services and expanded geographic coverage planned. Whether a super app can flourish in a market still rebuilding its infrastructure is an open question, but for the first time in years, a visitor to Damascus can pay for dinner with their phone.

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