3 years ago

Saudi Real Estate App Deal App Raises $2.24 Million in Pre-Series A Funding

  • Deal App, a Saudi-based real estate app, has raised $2.24 million in pre-Series A funding from Alsoliman Real Estate, Wallan Group, Salem Balhamer Real Estate, AlThuraya AlOmrania Properties, Kenaya and angel investors

  • The startup was founded in 2019 by Salah Alswidan, Abdullah Al Abbad and Mohamed Al Shalan

  • Deal App aims to provide solutions to the problem of searching for a property, whether for purchase or for rent, as property seekers face challenges in accessing the appropriate options for them from real estate offers

  • The app connects property seekers with active brokers in their desired neighborhoods, allowing brokers to offer suitable real estate options

  • Deal App has processed over 100k real estate requests with over 20k agents across over 100 cities in Saudi to date.

      • ProblemReal Estate

      "Finding the right property for purchase or rent is difficult for property seekers due to limited access to suitable options from real estate offers."

      Solution

      "Deal App connects property seekers with active real estate brokers in their desired neighborhoods. Property seekers submit a real estate application, and brokers react by offering suitable real estate options."

      Covered on