Saudi PropTech Hub

Saudi PropTech Center is an integrated community serving those interested and specialized in real estate technology locally and globally. It provides various services enabling stakeholders to contribute to sector development, growth enhancement, and efficiency improvement.

The Summit hosts prominent experts and leading global companies in real estate technology to enhance Saudi Arabia's leadership in this field. It showcases key investment opportunities for companies, aligning with Vision 2030's goals of localizing cutting-edge technologies, supporting entrepreneurs, and promoting sustainable growth for local companies and economic development.

Initiative Objectives

• Enhance Saudi Arabia's position as a leading real estate technology center 
• Create opportunities for global companies to invest locally in real estate technology 
• Exchange technical expertise through attracting global experience 
• Advance local entrepreneurship  

Evant Date & Location

Location: (Movenpick Hotel Riyadh)

Date: October 27-28, 2024

FAQs

• Where is the Global PropTech Summit held?

in Riyadh on October 27-28 at Movenpick Hotel

• What is the PropTech Summit?

A summit attracting prominent experts and leading global companies in real estate technology to enhance Saudi Arabia's position in this field. It showcases key investment opportunities aligned with Vision 2030's goals of localizing cutting-edge technologies, supporting entrepreneurs, and promoting sustainable growth for local companies and economic development.

• Who is the target audience?

Entrepreneurs, local and international startup and medium-sized company owners, and those interested in real estate technology.

• Is registration required for summit attendance?

Yes.

• Are there participation fees?

No fees for visitors; fees apply only to exhibitors and sponsors.

• Is there a speakers' schedule?

Yes.

• Is there a workshop schedule?

Yes.

• Are there fees for workshop attendance?

No.

• Which organizations are participating?

Please refer to the event website:

https://globalproptechsummit.com

• How can I get the summit agenda?

Through the following electronic link:

https://globalproptechsummit.com

Aqarthon is an event designed to engage professionals and stakeholders in addressing challenges in the real estate sector across multiple open-participation tracks.

It is a real estate innovation initiative that supports creativity and advances the real estate market by presenting practical challenges in the fields of electronic advertising, real estate brokerage, and real estate development.  The Event seeks to generate practical solutions to improve sector regulation and efficiency, in alignment with the objectives of Saudi Vision 2030.

Hackathon Objectives:

1. Address real estate challenges through innovative, applicable solutions.
2. Strengthen partnerships between the public and private sectors to support real estate innovation.
3. Develop new business models in electronic advertising, real estate brokerage, and real estate development.
4. Enable entrepreneurs and professionals to actively contribute to shaping the future of the sector.
5. Improve the quality of real estate services and enhance the beneficiary experience.
6. Contribute to Saudi Vision 2030 by fostering a well-regulated, sustainable real estate sector.

Hackathon Tracks:

Electronic Real Estate Advertising:

Develop solutions that improve the efficiency, reliability, and transparency of real estate advertising.

Real Estate Brokerage:

Develop mechanisms that enhance the quality of brokerage services and regulate relationships among parties.

Real Estate Development:

Propose ideas and solutions that promote project sustainability and improve the beneficiary experience.

Homeowners’ Associations:

Create technologies that support task-based voting systems and enhance annual payment models.

Registration Opens: August 22, 2025

Registration Closes: September 15, 2025

Final Screening & Announcement of Nominees: September 20, 2025

Start of the Bootcamp: September 29 – October 1, 2025

Closing Ceremony & Winner Announcement: October 1, 2025

Location: Kingdom of Saudi Arabia – Riyadh – Al Yamamah University 

Register Now for Aqarthon:

https://aqarthon.tahwool.com/

This initiative provides companies and innovators in real estate an opportunity to test their technologies, products, and develop their ideas, while enhancing public-private sector interaction to promote innovation and growth in the real estate sector.

Initiative Objectives

• Enhance public-private sector interaction and cooperation
• Enable companies to practically test their services and innovations
• Develop regulatory frameworks reflecting technological advancement and balancing innovation with regulation in real estate
• Achieve effective balance between innovation and regulatory compliance in real estate  

Eligible Categories

• Technology Startups

Companies developing new technical solutions or services for use in the real estate sector, whether local or international companies, with or without existing regulatory legislation. 

• Business Models

Business models incorporating innovative solutions or new technologies related to real estate activities, either with existing regulatory frameworks or requiring new regulatory frameworks aligned with their operational nature.

Applications open: 27/01/2026
Application deadline: 30/04/2026

FAQs:

• What is the Regulatory Sandbox and its purpose?

The Regulatory Sandbox is a controlled environment that enables real estate companies and innovators to test their technologies and products under a flexible regulatory framework, supervised by the Real Estate General Authority. Its purpose is to enhance collaboration between the public and private sectors, allowing companies to pilot new services and innovations within the existing legal framework. Simultaneously, it provides the Authority with an opportunity to assess these innovations and develop regulatory frameworks that accommodate technological advancements while maintaining a balanced approach between innovation and regulation in the real estate sector.

• Why does the Real Estate General Authority offer the Regulatory Sandbox?

The Real Estate General Authority offers the Regulatory Sandbox to provide companies with an opportunity to collaborate with government entities in shaping regulatory frameworks that support their business operations.

• What is the target audience?

Entrepreneurs and local/international small and medium-sized startups

• Are there acceptance criteria?

Yes, applicants must submit a detailed proposal and business plan model for evaluation.

• How will acceptance to the regulatory environment be notified?

Via email.

• Do regulatory sandboxes lead to streamlined regulations and contribute to creating supportive systems?

Yes.

• What should innovation-based companies do to join the regulatory sandbox?

Test their innovative model and verify if systems support completing legal and legislative procedures regarding licensing.

• What is the duration for model testing?

12 months.

• What constitutes a successful test for innovative services and products? 

Applicants define criteria for their innovative services and products, while the working team will also establish specific acceptance criteria.

• If trials succeed, will licensing be granted directly?

The process involves several stages, and qualified candidates will be notified accordingly.

The initiative also includes dialogue sessions that bring together real estate technology experts to exchange insights and experiences, showcase the latest advancements in PropTech, and enhance awareness of the critical role of technology in improving real estate market efficiency.

Initiative Objectives:

• Enhance knowledge of real estate technologies and highlight latest developments
• Encourage cooperation between companies by building collaborative relationships and partnerships among various entities involved in real estate technologies
• Spread awareness and education about modern real estate technologies and their utilization to improve performance and increase market efficiency
• Exchange expertise and ideas through a platform where specialists share experiences, ideas, and innovative solutions to address real estate sector challenges 

Frequently Asked Questions:

• What is the PropTech Council?

Dialogue sessions bringing together experts and professionals from real estate and technology sectors

https://globalproptechsummit.com/index.php

An intensive program designed to accelerate the growth and expansion of pioneering and startup companies within a defined timeframe. It offers a comprehensive suite of services, including shared workspaces, specialized business development support, consulting, mentoring, and training, while also facilitating access to investors. The program aims to strengthen the foundation of startups, ensuring their sustainable development and expansion, thereby enhancing the real estate sector and increasing its contribution to Saudi Arabia’s GDP.

Initiative Objectives: 

1. Create properly established startups supporting the real estate sector 
2. Increase startup companies' contribution to the national economy 
3. Expand real estate technology companies locally and internationally 

First Edition of Real Estate Technology Accelerator:

Launched in collaboration with the National Information Technology Development Program, with registration open

through the global accelerator "Startup Wise Guys"

Application Deadline:  15/12/2024

Frequently Asked Questions:

• What is the Real Estate Technology Accelerator?

The Real Estate Technology Accelerator is an intensive program designed to drive the growth and expansion of pioneering and startup companies within a set timeframe. It offers a comprehensive range of services, including shared workspaces and offices, while also facilitating access to investors. The program is conducted in collaboration with the IT Development Program and STARTUP WISE GUYS to support innovation and business development in the real estate sector.

• What does the accelerator offer?

The accelerator provides knowledge support for startups through a range of programs, including training, guidance, and mentoring, ensuring that companies are built on a solid foundation for sustainable growth and success.

• What does the accelerator program consist of?
  • Specialized real estate technology workshops
  • Success stories from prominent entrepreneurs and influencers
  • Consulting and guidance sessions
  • Connection with funding entities 

• How long is the program?

6 months

• Is there a fee to participate in the accelerator?

No, it is free.