Dubai-based AI proptech startup Daleel has raised $3 million in pre-seed funding, backed by a prominent real estate investor and business angel with deep exposure to the Dubai property market. The round marks a strong early vote of confidence in Daleel’s ambition to redefine how real estate decisions are made across the GCC.
Founded by Ilan Cohen and Ely Weichsel, Daleel is building an AI-native intelligence layer for the region’s fragmented real estate ecosystem. The platform brings together verified government transaction data and live property listings into a unified, auditable system—allowing investors, buyers, brokers, and developers to query the market through a conversational AI interface.
A key differentiator is Daleel’s participation in the Real Estate Evolution Space (REES) programme run by the Dubai Land Department. Through REES, the company gains access to both historical and live datasets, including actual sale prices, Ejari rental contracts, mortgage registrations, construction progress, and service charge data. This information is cleaned, deduplicated, and harmonised across major listing portals to create what Daleel describes as a single source of truth for real estate intelligence.
Looking ahead, Daleel aims to position itself as core infrastructure for real estate transactions across the GCC, starting with Dubai and expanding as regional markets—most notably Saudi Arabia—continue to open up to foreign ownership and institutional investment.
The newly raised capital will be deployed to accelerate product development, launch mobile applications, expand coverage to Abu Dhabi and other emirates, and prepare for entry into Saudi Arabia. As consolidation accelerates across the region’s proptech landscape, Daleel is betting that data transparency, AI-driven insights, and infrastructure-level positioning will define the next phase of real estate innovation in the Middle East.
