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Dubai Startup Silkhaus Aims For A “Smooth As Silk” Experience

Technology now plays a key role in the Dubai rentals market, helping real estate investors and travelers alike to create unique hospitality experiences.

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dubai startup silkhaus aims for a smooth as silk experience

Dubai-based Silkhaus is a PropTech startup that describes itself as a “technology-first hospitality brand”. The company aims to offer immersive nomadic experiences by “providing business and leisure travelers with a home away from home” and, as the name suggests, convert tedious planning into an experience that’s as smooth as silk.

For readers unfamiliar with the term, PropTech is the application of technology in the real estate sector. It encompasses everything from property management and Airbnb-style bookings to construction and analytics, with features usually accessed through a mobile app.

The global PropTech market value is projected to grow from $18.2 to $86.5 billion by 2032 — a compound annual rate of about 17% — and is primarily driven by nomadic professionals who are happy to relocate for career purposes.

As for Silkhaus, the startup was conceived by strategy consultant Aahan Bhojani, who noticed several issues with his own corporate travel experiences. He now strives to ensure others won’t experience the same frustrations.

silkhaus founder and ceo aahan bhojani

“I realized there was something broken about the long-stay travel experience, and finding suitable long-term accommodation options on online travel aggregators was like pulling a needle out of a haystack […] aside from investors purchasing real estate, we have seen a growing interest in the resident population seeking to reside in the UAE. The need for a ‘landing pad’ to accommodate incoming audiences has never been stronger,” says Aahan Bhojani, founder and CEO of Silkhaus.

Also Read: Hotel Cloud Kitchen Startup Matbakhi Launches In Saudi Arabia

Despite a gradually worsening global market, Silkhaus was still able to raise $7.75 million in a seed funding round last month, and is well placed to boost its portfolio of investors and continue with a medium-term expansion strategy.

Over the last few years, big data and cloud technology have transformed consumer experiences in the property sector, positively affecting property owners, tenants, landlords, and brokers alike. Startups like Silkhaus look set to continue this trend, with plans in the works to expand to cities across the Middle East and eventually into South and South-East Asia.

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Abu Dhabi To Develop $1 Billion eSports Island Facility

Positioned along the picturesque Al Raha beach, the venue is poised to become a focal point for gaming enthusiasts worldwide.

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abu dhabi uae to develop $1 billion esports island facility
True Gamers

Despite the economic slowdown of global eSports, the Middle East has emerged as a beacon of innovation and investment, particularly in infrastructure aimed at attracting top talent. According to a report by BCG, the region’s population exhibits a remarkable fondness for gaming, with over 60% actively participating and some of the highest figures of mobile game downloads in the world.

The latest addition to the UAE’s burgeoning eSports landscape is Abu Dhabi’s ambitious eSports Island project. Positioned between the Al Bandar and Al Dana developments along the picturesque Al Raha beach, the island is poised to become a focal point for esports enthusiasts worldwide.

True Gamers — a key player in the gaming industry — has pledged a substantial investment of $280 million to develop Abu Dhabi’s eSports Island. Upon completion, the project is anticipated to cost a staggering $1 billion.

true gamers esports island details

The island will boast state-of-the-art amenities geared towards training aspiring eSports professionals and hosting international tournaments. The GG Bootcamp, equipped with cutting-edge gaming infrastructure, will provide a comprehensive training facility, dedicated rest areas and even nutrition programs.

At the heart of the eSports Island lies the True Gamers (TG) Arena, envisioned as a premier venue for hosting high-profile competitions with thousands of spectators. Adaptable spaces are designed to cater to various gaming formats and genres, and the arena will also serve as a hub for digital exhibitions and conferences. Additionally, the Digital Tower will offer a collaborative workspace for developers, and the island will host tourists and event goers in 200 rooms with in-built gaming computers.

Also Read: Top 10 Best Video Games Set In The Middle East

Establishing an eSports hub in Abu Dhabi will reinforce the UAE’s position as a global market leader, capitalizing on the region’s growing appetite for gaming. As international tournament organizers increasingly focus on the Middle East, the unveiling of Abu Dhabi’s eSports Island heralds a new era of innovation and growth for the industry.

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