Latest news with #PropTech
Forbes
2 days ago
- Business
- Forbes
Digital Nomads Expose Housing Gaps. PropTech Could Help Fill Them.
Digital Nomads Over the last five years, housing markets have been shaped not only by familiar pressures such as economic volatility and supply chain disruptions, but also by profound shifts in how and where people work. Today, more than 40 million people identify as digital nomads globally, a figure that has more than tripled since 2019, driven by the pandemic and a broader decoupling of employment from place. Recent research estimates that 165,000 British citizens alone live and work abroad this way, spending an average of seven months overseas each year. With 67 countries now offering dedicated digital nomad visas and many firms continuing to formalise remote policies, global mobility is no longer a rare perk or pandemic experiment. It has become a structural feature of the modern workforce. At the same time, PropTech has continued to develop and impact how homes are marketed, leased, and managed. Together, borderless living and real estate digitalisation are exposing the limitations of legacy housing systems, particularly in accommodating mid-term stays (rentals lasting one to twelve months that fall between regulated leases and short-stay tourism). A New Class of Housing Demand By Digital Nomads Digital nomads are not tourists, nor are they permanent migrants. Research shows that 80% of digital nomads prefer to stay in one location for three to nine months, driven by visa conditions and cost considerations. This shift reflects more than just tech workers with laptops. Increasingly, digital nomads include professionals from fields like law, consulting, design, and marketing. The result is a growing population whose needs and behaviours don't align with either short-stay tourism or conventional rental models. In hubs such as Lisbon, Cape Town, Bali, and Mexico City, this has produced a growing class of residents who live locally, spend actively, but remain largely detached from the traditional housing supply. The benefits are tangible. In Cape Town, digital nomads have been linked to tourism recovery and infrastructure investment, as policymakers integrated remote work incentives into broader economic strategies. In some locations, co-living operators have begun facilitating skills exchange programmes, connecting mobile professionals with local entrepreneurs to support inclusive innovation. Elsewhere, their spending supports cafés, coworking hubs, and service sectors that benefit from longer stays. But these benefits coexist with mounting strain. Lisbon's central rents have surged, and the Balearic Islands saw an 18% jump in one year, fuelled by workers earning in strong currencies spending in weaker ones. The issue is less about whether nomads should be present in cities, and more about how housing systems can evolve to recognise mid-term demand as a distinct and manageable category. Where PropTech Fits In For Digital Nomads If digital nomadism represents a new class of housing demand, PropTech provides the infrastructure to manage it more intelligently. Its role goes beyond convenience. It reduces friction in housing access, allows for more efficient use of existing stock, and generates data that can inform planning decisions in real time. Much of this is already underway. Platforms for flexible leasing now offer digital tenant screening, dynamic rent pricing, and remote contract execution, shrinking leasing cycles from weeks to days. Meanwhile, AI-driven valuation tools and big data platforms are enabling landlords to track occupancy patterns and adjust pricing or amenities dynamically. As these tools become more embedded, their potential to bridge private-sector activity with public oversight is becoming clearer. The EU's recently passed 'Airbnb Law' provides one example. Short-term rental platforms are now required to share host identity, property location, and occupancy data with local authorities to improve transparency and tackle housing pressures in tourism-heavy cities. Applying similar mechanisms to mid-term rentals and co-living schemes would not be a stretch. Many of these platforms already manage identity verification, digital leases, and occupancy logs. With the right privacy standards, this kind of data could help cities anticipate seasonal inflows, calibrate zoning or permitting thresholds, and avoid the unintended consequences of unmanaged mobility. Conclusion Remote work and global mobility have pushed housing into unfamiliar territory, where residents are neither short-term tourists nor long-term tenants. The strain is real, but so is the opportunity. PropTech's tools, however, can make mid-term demand more visible and easier to manage. When linked with planning frameworks, they offer a path toward housing systems that are more responsive and less reactive. Digital nomads look to be here to stay. As mid-term sojourns become more common, adapting housing is less about accommodating a trend and more about modernising systems to match how people now live and work.
Hi Dubai
30-07-2025
- Business
- Hi Dubai
Dubai Land Department (DLD) Partners with Second Century Ventures to Launch Real Estate Accelerator
REACH Middle East opens applications for its inaugural 2025 program First cohort members to receive up to $1.5 million in funding Dubai Land Department (DLD) is partnering with Second Century Ventures to launch the REACH Middle East accelerator program and has opened applications for the first cohort of companies. This landmark initiative, led by real estate technology pioneers Siddiq Farid and Karim Helal, invites startup companies from all industries to apply for the opportunity to redefine real estate innovation across the region. REACH Middle East is a curated, eight-month program designed to empower up to 10 high-potential startups with the tools, mentorship and networks needed to scale locally and globally within the real estate industry. Selected companies will benefit from: Direct Funding and Investment: REACH provides up to $250,000 seed capital per company, strategic investor introductions and pathways for follow-on funding REACH provides up to $250,000 seed capital per company, strategic investor introductions and pathways for follow-on funding Real World Access: Work with major real estate developers, government bodies and facility managers to pilot and commercialize solutions Work with major real estate developers, government bodies and facility managers to pilot and commercialize solutions Expert-Led Mentorship: Learn from industry veterans, successful founders and global thought leaders in PropTech Learn from industry veterans, successful founders and global thought leaders in PropTech Growth Opportunities: Unlock curated connections at major industry events, conferences and trade shows to drive market adoption Unlock curated connections at major industry events, conferences and trade shows to drive market adoption Global Expansion: Plug into REACH's exclusive global network of over 330 alumni companies Aligned with the UAE Digital Economy Strategy, Dubai Economic Agenda D33 and the Dubai Real Estate Sector Strategy 2033 – which aim to add more than $27 billion to the economy – REACH Middle East supports the digital transformation of real estate and urban development. It complements other UAE accelerators, such as Abu Dhabi's Hub71 and regional initiatives under the Saudi Real Estate Development Fund and NEOM Innovation Hub that align with Saudi Arabia's Vision 2030. By fostering public-private partnerships, REACH Middle East aims to position the region as a global hub for innovation in the real estate ecosystem. REACH is backed by Second Century Ventures, the most active global fund in real estate technology. As the strategic investment arm of the National Association of Realtors®, SCV leverages the association's members and an unparalleled network of executives within real estate and adjacent industries. We are proud to collaborate with REACH Middle East to unlock the potential of real estate tech startups across the region. With Dubai as the starting point, this accelerator will provide unparalleled support to entrepreneurs, fostering solutions that resonate throughout the Middle East and contribute to the global real estate ecosystem, said Dr. Mahmoud AlBurai, Head of Policies and Innovation at Dubai Land Department. The MENA region is at the forefront of real estate innovation, and REACH Middle East is committed to empowering startups to solve real-world challenges. Our program bridges cutting-edge technology with practical real estate applications, driving sustainable growth for startups and the industry alike, added Siddiq Farid, Managing Director of REACH Middle East. REACH offers a unique opportunity for startups to be part of a transformative ecosystem. We encourage ambitious startups to apply to join the next generation of PropTech trailblazers and help shape the future of real estate in the MENA region and beyond, said Dave Garland, Managing Partner at Second Century Ventures. REACH Middle East seeks revenue-generating startups (seed to Series A) intent on expanding into the real estate, construction, sustainability, or property management ecosystem using emerging technologies like AI, IoT, or blockchain with scalable business models with local and global potential. Applications are now open and can be submitted at . Source:
Yahoo
24-07-2025
- Business
- Yahoo
Douglas Elliman Inc. to Host Second Quarter 2025 Results Conference Call
MIAMI, July 24, 2025--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its second quarter 2025 results on Friday August 1, 2025 at 8:00 a.m. (ET). Investors may access the call via live webcast at Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on August 1, 2025 through August 15, 2025 at About Douglas Elliman Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Texas, Colorado, Nevada, Connecticut, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman is available on its website, Investors and others should note that we may post information about Douglas Elliman on our website at or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, X, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at and on our social media accounts. View source version on Contacts Olivia Snyder/Catherine LivingstonFGS Global212-687-8080
Business Wire
24-07-2025
- Business
- Business Wire
Douglas Elliman Inc. to Host Second Quarter 2025 Results Conference Call
MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its second quarter 2025 results on Friday August 1, 2025 at 8:00 a.m. (ET). Investors may access the call via live webcast at Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on August 1, 2025 through August 15, 2025 at About Douglas Elliman Inc. Douglas Elliman Inc. (NYSE: DOUG, 'Douglas Elliman') owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Texas, Colorado, Nevada, Connecticut, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ('PropTech') solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman is available on its website, Investors and others should note that we may post information about Douglas Elliman on our website at or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, X, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at and on our social media accounts.
Zawya
16-07-2025
- Business
- Zawya
H1 2025: Bayut's market report highlights resilient growth in Abu Dhabi real estate
Dubai, UAE: Abu Dhabi, UAE – Bayut, the UAE's leading property portal, has released its analysis of search trends in Abu Dhabi's real estate market for the first half of 2025. The data from the PropTech giant underscores the capital's powerful growth momentum and how it continues to be a compelling proposition for global and local investors seeking stability and significant returns. The status of Abu Dhabi's real estate market as a premier investment destination is showcased by rising demand and driven by robust infrastructure development and investor-friendly government initiatives. Property Buying Trends in Abu Dhabi The Abu Dhabi property market has demonstrated exceptional resilience and growth in H1 2025, establishing itself as one of the region's most attractive investment destinations: Budget-conscious property-seekers have focused on affordable areas such as Al Reef, Al Ghadeer, Khalifa City and Al Shamkha. Mid-tier investors have favoured Al Reem Island, Masdar City, Al Raha Gardens and Al Samha. Abu Dhabi's popular island communities, Yas Island and Saadiyat Island, have remained of significant interest to potential high-profile investors. Listing prices for apartments in the affordable sector have risen by up to 7%, while budget-friendly villa prices have increased by as much as 5%. The mid-tier segment has seen apartment prices appreciate by 6% to 11%. Mid-tier villas reported a listing price increase of up to 2.68% in Al Raha Gardens and a surge of up to 26.7% in Al Samha, highlighting a sustained demand for family homes. Bucking the trend slightly, mid-tier villas in Baniyas have become cheaper by 1.45%. According to the H1 2025 luxury property sales data, listing prices for luxury apartments in Yas Island and Saadiyat Island have increased by up to 17%, an unsurprising surge when the announcement of Disneyland Abu Dhabi is taken into account. The luxury villa segment has experienced comparatively moderate increases of 5% to 10%. Villa prices in Al Jubail Island have recorded a significant 17.8% decrease, most likely due to investor interest shifting towards Yas Island and Saadiyat Island. Rental Yields In The Abu Dhabi Property Market In the affordable segment, Al Reef apartments have delivered lucrative yields of 9.33%, followed by Al Ghadeer at 8.45%. Mid-tier apartments have offered promising returns of 8.41% in Masdar City and 7.59% in Al Reem Island. For luxury apartments, Yas Island has recorded yields of 7.15%, while Al Raha Beach has offered 6.58%. Affordable villas in Al Reef have provided solid returns of 6.34%. Mid-tier villas have yielded 6.17% in Al Raha Gardens and 5.75% in Al Samha, while premium villas in Yas Island have offered investors a 5.46% return. Top Picks for Off-Plan Projects Abu Dhabi's diverse off-plan market has continued to attract significant interest from both local and international investors: For affordable off-plan apartments, Al Reeman 1 in Al Shamkha and Bloom Living in Zayed City have garnered significant investor interest. Those looking for off-plan apartments in the mid-tier range have focused their interest on Yas Bay, whereas Nawayef Park Views on Hudayriat Island has emerged as the preferred choice in the luxury category. Investors eyeing villa purchases have favoured Bloom Living in Zayed City, Al Reeman 2 in Al Shamkha and Reportage Village Abu Dhabi in Khalifa City for affordable options. Off-plan villa buyers have shown a preference for Yas Acres and Al Jurf Gardens in the mid-tier segment. Nawayef West in Hudairiyat Island and Saadiyat Lagoons have garnered the most investor interest in the luxury category. Rental Trends in Abu Dhabi for H1 2025 Abu Dhabi's rental market strength has been driven by population growth and consistent demand for quality accommodation from expats: For affordable rentals, Khalifa City and Al Shamkha have remained popular for both apartments and villas, with tenants also considering Shakhbout City for family homes. In the mid-tier segment, tenants have favoured Al Reem Island and Al Khalidiyah for apartments, while Al Raha Gardens and Al Muroor have been popular choices for villas. Yas Island and Saadiyat Island have remained the top luxury picks for both apartments and villas. Rents for affordable apartments have increased between 2% and 21%, with the highest rental rises observed for 2-bedroom units in Al Nahyan, signifying growing demand for larger, budget-friendly units. Mid-range apartment rentals have mirrored this trend, with increases ranging from 3% to 68%; studio units in the Tourist Club Area have reported the highest surge following an increased demand for limited inventory. Asking rents for luxury apartments have reported moderate to major increases of 3% to 14% across popular districts. However, 2 and 3-bedroom units in Saadiyat Island have experienced marginal price reductions of 0.47% and 2%, respectively. In the affordable category, villa rentals have risen by up to 13% in prominent districts. Asking rents for mid-tier villas have generally risen by up to 7%. Luxury villa rentals have reported a mixed trend with up to 7% price increases for 4-bedroom units in Saadiyat Island and Al Bateen, but a somewhat surprising 6% decrease for 5-bedroom units in Saadiyat Island and Yas Island. Commenting on the findings, Haider Ali Khan, CEO of Bayut, CEO of Dubizzle Group MENA and Board Member of the Dubai Chamber of Digital Economy, said: "Abu Dhabi's real estate market has been on a steady upward path this year, and the interest we're seeing speaks for itself with over 9.3 million visits recorded on Bayut's Abu Dhabi listings in just six months. With strong demand and smart initiatives such as ADREC's Madhmoun boosting transparency, the capital is shaping up to be a really exciting space for both homebuyers and investors. All signs point to Abu Dhabi emerging as one of the most exciting and future-ready real estate destinations in the region.'
