Seed brief · Dubai, Istanbul, global

The infrastructure layer for private property sales

Nuva gives agents a private link per buyer, a 360 tour, and analytics on who actually looked. This brief sets out the markets we are built for, what is already running in production, and what we are raising for.

Figures are dated at source. Last market data: 2026.

Thesis

Property is sold privately. The software is not built for it.

Listings platforms expose a unit to everyone at once. Serious inventory — the large-ticket, high-stakes homes — is sold the opposite way: quietly, to named buyers, through agents who need to know who engaged.

01

The market grew faster than the tooling

Dubai property transactions rose roughly 6.5x between 2020 and 2025. The workflow around those deals still runs on WhatsApp and spreadsheets.

02

The money sits in the private sale

Ready homes were 37% of Dubai transactions in 2025 but 57% of value, with an average deal 2.2x larger than an off-plan one. These are exactly the sales that should not be public.

03

Buyers cannot verify what they are buying

Only 64% of Dubai homes were delivered on schedule in 2025. When the information is asymmetric, a verified, attributable view of the property is worth paying for.

Market 01 · Lead market

Dubai: where the capital is moving

The deepest liquidity in our addressable region, and the market with the most second-home and investment demand. It is where the volume is.

AED 682.5bn
Dubai property sales in 2025

Dubai Land Department · FY2025 property sales, reported via Gulf News · 2025

6.5x
Transaction growth in five years

Dubai Land Department · Real estate transaction open data (via Dubai Pulse) · 2020–2025

64%
Homes delivered on time in 2025

Knight Frank · Dubai Residential Market Review, Q4 2025 · 2025

Delivery reliability is the clearest signal that buyers have no way to verify whether a unit will actually be delivered on schedule.

160,000+
Homes potentially entering 2026

Knight Frank · Dubai Residential Market Review, Q4 2025 · 2026(forecast)

Units that may enter the market. 85% apartments.

AED 252bn
Transactions in Q1 2026

Dubai Land Department · Dubai real estate transactions, Q1 2026 · Q1 2026

Up 31% year-on-year. Foreign investment AED 148.35bn, up 26%.

57%
Share of 2025 value from ready homes

Dubai Land Department · FY2025 transaction data, ready vs off-plan · 2025

Ready homes took 37% of transactions but 57% of value. The average ready deal is 2.2x an off-plan deal.

AED 541.3bn
Residential sales in 2025

Cavendish Maxwell · Dubai residential transactions reach AED 541.3bn in 2025 · 2025

Residential only. 200,779 sales, up nearly 27% year on year. Commercial accounted for roughly a fifth of Dubai sales value.

4.58m
Residents at end of 2025

Dubai Health Authority · Dubai population and demographic profile, end-2025 · 2025

Dubai Health Authority figures. Up 31.7% between 2021 and 2025; four in five residents are of working age.

72,365
Homes delivered in 2025

Khaleej Times · More than 72,365 homes delivered in Dubai in 2025 · 2025

Residential handovers completed in 2025 — the supply that actually reached buyers.

Transaction growth, 2020–2025

Transactions per year

Dubai property transactions: 33,279 → 215,060

Transaction value (AED bn)

Ready beats off-plan on value

Off-plan dominates transaction count; ready homes dominate value. The high-ticket end of the market is the one that needs controlled distribution.

Transactions

Transaction value (AED bn)

Off-planReady
SegmentTransactionsValue (AED bn)Average deal (AED)
Off-plan134,630AED 293bnAED 2.18m
Ready80,430AED 389.6bnAED 4.84m
Market 02 · Istanbul

Istanbul: a large market moving sideways

The largest metro economy in our reach. Volume is high and the agent base is deep, but prices fell in real terms through 2026 — so this is a market where the sale has to be more efficient, not where the tide is rising.

1.69m
Homes sold across Türkiye in 2025

Turkish Statistical Institute (TÜİK) · Housing sales rise 14% in 2025 to some 1.7 million units · 2025

TurkStat. 1.69m units sold across Türkiye, up 14.3% on 2024.

-5.1%
Türkiye home prices, inflation-adjusted, 2026

Central Bank of the Republic of Turkey · Housing Price Index, July 2026 · 2026

Headline price growth was around +25% nominal, but Turkey ran near 30% inflation, so real prices fell. We quote the real number deliberately.

The gap we occupy

Turkish portals do offer 360 tours — hepsiemlak, sahibinden and emlakjet all ship immersive tours as a standard listing feature. What none of them do is share a property privately with one named buyer and report back on what that buyer actually looked at. Every Turkish platform publishes a tour to the whole market at once. That is the gap: not the tour, the private one.

pitch.istanbul.momentumTitle

pitch.charts.momentumNote

Global markets

Global: the category we are building for

Proptech is compounding quickly and every research house agrees on the direction, if not the size. The Middle East is the smallest regional slice of it and the fastest growing, which is where we are pointed.

USD 2.36bn
MENA proptech market, 2025

Precedence Research · Middle East & Africa PropTech Market · 2025

The Middle East and Africa is about 4% of global proptech — the smallest major region and the fastest growing.

USD 10.87bn
MENA proptech market by 2035

Precedence Research · Middle East & Africa PropTech Market · 2035(forecast)

A 16.5% CAGR to 2035 on Precedence Research’s forecast.

USD 4.53bn
Global proptech venture funding, H1 2026

CRETI · H1 2026 Global PropTech Venture Report · H1 2026

USD 4.53bn across 231 rounds in H1 2026, median round USD 6.75m. Capital keeps flowing to the category.

Where we sit

The category is growing at 11–18% depending on who you ask, but Middle East and Africa is only about 4% of it. We are building for the region that is under-served relative to its growth rate.

How the research houses size 2025

Four houses, four answers. The spread is the finding: everyone puts the category above USD 40bn, and the definition boundary is worth more than the point estimate.

Research house2025 sizing (USD bn)
Precedence ResearchPropTech Market Size, Share & Trends Report · 2025USD 47.08bn
Mordor IntelligencePropTech Market Share & Analysis · 2025USD 45.2bn
IMARC GroupPropTech Market Size, Share & Trends · 2025USD 40.1bn
Fortune Business InsightsPropTech Market Size & Forecast · 2025USD 40.19bn

These are 2025 figures. The spread comes from each house excluding construction technology and smart buildings by a different rule, so the categories are not strictly like-for-like. We show the range rather than quote the largest number.

Product

What is already built and running

This is the deployed system, not a roadmap. Each pillar below is live in production at nuva.homes.

360° tours and capture

In-app guided 360° capture and a custom WebGL panorama renderer with room-to-room navigation and gyroscope support on mobile. No third-party tour embed.

Per-recipient private links

Every share is issued to a named recipient or kept anonymous, with an expiry date enforced on the server. The agent controls who holds the link.

Buyer-level attribution

Which recipient opened a property, for how long, and which rooms they looked at. Identity is resolved server-side, so it cannot be spoofed by the viewer.

Engagement analytics

View time accrues only while the page is visible, heartbeats are idempotent, and each load counts once. Reporting an agent can act on.

Business model

Subscription, metered on real usage

Self-serve tiers for individual agents, priced low enough to adopt without a sales call, with overage on the things that actually cost us money.

Category size

Hollow markers are analyst projections, not reported results. Published proptech sizings vary by 2–3x between research houses depending on whether construction technology is included.

USD 47.1bn
Global proptech market, 2025

Precedence Research · PropTech Market Size, Share & Trends Report · 2025

Published sizings for 'proptech' differ by 2-3x between research houses depending on whether construction technology and smart buildings are included. Treat as a range, not a point.

16.1%
Forecast CAGR to 2035

Precedence Research · PropTech Market Size, Share & Trends Report · 2026–2035(forecast)

Pricing

Starter
10 active properties, 10 tours
$9/mo
Pro
50 properties, 50 tours
$19/mo
Elite
200 properties, 200 tours
$39/mo

Enterprise tier available on request. Usage overage is billed per 1,000 tour views, per GB of storage, per SMS, and per GB of bandwidth.

Comparables

What the category has been worth

Two reference points from the largest markets — one for the shape of a mature business, one for the exit.

USD 2.58bn
Zillow Group revenue, FY2025

Zillow Group · Q4 and Full Year 2025 Financial Results · FY2025

Revenue up 16% year-on-year, with USD 622m adjusted EBITDA and USD 23m GAAP net income. The category leader only recently reached GAAP profitability at this scale.

USD 1.75bn
Redfin acquired by Rocket Companies

Rocket Companies · Rocket Companies completes acquisition of Redfin · 2025

Rocket Companies completed its acquisition of Redfin in July 2025, demonstrating that a top-tier portal can exit via acquisition.

These are US comparables and are indicative of category scale and exit path only. Neither is a valuation benchmark for a pre-revenue company, and no comparison is being drawn between Nuva revenue and theirs.

Stage

Where we actually are

Stated plainly, because you will verify it anyway.

Four languages shipped

Persian, English, Arabic and Turkish are live, with right-to-left layout throughout.

Full stack, self-hosted

Property, VR, sharing, attribution and billing are built in-house and deployed in production.

Running in production

nuva.homes is serving real traffic today, with health-checked database and queue infrastructure.

Crypto settlement, not yet live

USDT billing is built in-house and wired into the app, but the gateway key is unset and the payment host is down, so no crypto payment completes today.

What we are not claiming

  • No revenue, users or investor metrics are quoted on this page. We would rather show you the product than round up a number.
  • Every figure above is third-party and dated at source. Our own traction is early and we will show it in the data room.
  • Stage is pre-launch seed: built, deployed, and now going to market.

Next step

We are raising to take Nuva from a working product to a proven revenue line in Dubai, Istanbul and beyond.

Request the data room

Cohort data, retention, pricing sensitivity, the full financial model, and technical architecture. We will also give you a live agent account so you can use the product before you decide.

Email us

Sources cited on this page

  • Dubai Land Department — Q1 2026 transactions and FY2025 open data
  • Cavendish Maxwell — Dubai residential transactions 2025
  • Knight Frank — Dubai Residential Market Review, Q4 2025
  • Turkish Statistical Institute (TÜİK) — housing sales 2025
  • Central Bank of the Republic of Turkey — Housing Price Index, July 2026
  • Precedence Research — PropTech Market, September 2026
  • CRETI — H1 2026 Global PropTech Venture Report
  • Zillow Group — FY2025 results
  • Rocket Companies — Redfin acquisition, July 2025

We use cookies and Google Analytics to understand how the site is used so we can improve it. Analytics stays off until you accept.