A new partnership between two UAE-based property tech companies is set to offer investors instant property valuations, marking a step forward for transparency in fractional real estate investment.
Instant valuation launched
PRYPCO, a Dubai-based PropTech platform regulated by the Dubai Financial Services Authority (DFSA), has integrated Ovaluate’s AI-powered valuation technology into its platform, PRYPCO Blocks. The collaboration enables real-time valuation reports for both fractional and full ownership properties, delivered in under 10 seconds.
Tech-driven transparency
Ovaluate uses an Automated Valuation Model (AVM) powered by artificial intelligence and real-time data, adhering to global valuation standards. The technology aims to provide accurate, unbiased, and regulator-approved reports, helping investors make informed decisions.
“Fractional ownership has transformed real estate investing, and trust depends on valuations that are accurate, transparent, and fast. With Ovaluate’s AI-driven valuation technology integrated into PRYPCO Blocks, every investor now gets instant, data-backed insights. It’s about levelling the playing field, strengthening market transparency, and reinforcing Dubai’s leadership in PropTech innovation,” said Amira Sajwani, Founder and CEO of PRYPCO.
Expanding investor access
Since its launch, PRYPCO Blocks has made regulated real estate investment available to users in over 200 countries, starting from just Dhs 2,000. The addition of instant AI valuations brings tools typically used by institutional investors to retail users.
“Our mission has always been to ensure property valuations are instant, unbiased, and methodologically sound. By partnering with PRYPCO Blocks, we’re not just enhancing that standard, we’re bringing it into a new era of real estate investment, where technology and transparency empower every investor,” said Omran Yousef, Founder and CEO of Ovaluate.
tanvir@dubainewsweek.com
