Egypt’s Nawy Secures $52M to Expand MENA Proptech Dominance

When you think of high-growth startups in the Middle East, real estate might not be the first thing that comes to mind. But times are changing — and rapidly. One company leading the charge in the region’s real estate transformation is Nawy, Egypt’s largest proptech startup. Recently, Nawy raised a whopping $52 million in Series A funding to expand even further across the MENA region.

So, why is this such a big deal? And what does it mean for the future of tech-driven real estate in the Middle East and North Africa? Let’s break it down.

What Is Nawy, and What Do They Do?

If you’ve ever tried to rent or buy property online, you probably ran into confusing listings, untrustworthy agents, or hidden fees. That’s exactly the kind of problem Nawy is tackling — and they’re doing it head-on with technology.

Nawy is a real estate platform that helps people in Egypt — and soon across MENA — find, compare, and buy properties online. Think of it as a local version of Zillow or Redfin but tailored for the needs of buyers and renters in the Middle East.

Here’s what Nawy brings to the table:

Searchable listings: Users can browse a wide range of properties from verified developers and agents.
Online transactions: Customers can complete much of the real estate buying process online.
Data-driven insights: Buyers get access to real estate market trends and property valuations.
Home financing tools: Nawy offers mortgage calculators and financing options right from the platform.

In short? Nawy is making home buying in Egypt — and soon, the entire Middle East — less of a chore and more of a click.

Nawy’s Big Funding News: $52 Million Series A

Now, let’s talk about the money. In May 2025, Nawy announced that it had raised a $52 million Series A round led by MSA Novo, a global venture capital firm. This marks one of the largest investments ever for a proptech startup in Africa.

Joining the round were other notable investors such as:

DisruptAD, the venture platform of Abu Dhabi’s ADQ
Foundation Ventures, a key backer since Nawy’s early days
Family offices and global investment firms that see long-term value in MENA’s real estate market

With this funding, Nawy plans to expand across more countries in the Middle East and North Africa (MENA), enhance its platform, and hire top talent in tech and sales.

Why the Real Estate Market in MENA Is Heating Up

You might be wondering: Why is there so much buzz around real estate in the MENA region?

For starters, urban development is booming across countries like Egypt, the UAE, and Saudi Arabia. Millions of people are moving into cities. Governments are investing heavily in housing. And more young people are looking to own homes, thanks in part to accessible financing and rising middle-class incomes.

But here’s the catch — the traditional real estate process is still outdated in many parts of the region. There’s often little transparency, slow paperwork, and a heavy reliance on personal connections.

That’s where proptech companies like Nawy step in.

They solve key pain points such as:

Lack of reliable information: Nawy makes it easier to compare properties online with accurate data.
Inconvenient processes: They digitize everything from viewing to financing.
Trust issues: Every listing on Nawy is vetted, eliminating shady brokers.

Just think about the last time you searched for a home. If it felt like a maze, imagine how tech could simplify that process — and that’s exactly what smart platforms like Nawy are doing.

Nawy’s Big Vision: From Egypt to MENA and Beyond

Today, Nawy helps tens of thousands of users each month find homes in Egypt. But with this new funding, they’re not stopping there. Their plan is to become the go-to real estate platform across the MENA region — including markets like the UAE, Saudi Arabia, and even North Africa.

According to CEO Khaled Hussein, the vision is bold: “We’re building the Amazon of real estate for the MENA region.” That means simplifying everything from search to sale — all with the click of a button.

And with the backing of global investors, access to new markets, and a growing user base, they might just pull it off.

What Does This Mean for Buyers, Sellers, and Agents?

This isn’t just good news for investors — it’s great news for everyone involved in buying or selling real estate in MENA.

For buyers: It means easier access to homes, better transparency, and smart financial tools all in one place.

For agents and developers: It offers a reliable platform to reach thousands of verified leads — and close deals faster.

For the market as a whole: It signals a shift toward modernization. Real estate, one of the last industries to go digital, is finally joining the tech revolution.

What Can Other Startups Learn From Nawy’s Rise?

Let’s zoom out for a second. Nawy’s success isn’t just about proptech — it’s a lesson in seizing the right opportunity at the right time.

Here are a few takeaways for aspiring entrepreneurs:

Look for real-world pain points: Nawy solved a local problem that many people face daily.
Build trust: By vetting listings and streamlining processes, they gained people’s confidence.
Partner smart: Attracting investors with global experience can help speed up your growth.
Think beyond borders: Starting local is smart, but scaling regional shows ambition.

When innovation meets execution, great things happen — and Nawy is living proof.

Final Thoughts: A Proptech Revolution in the Making

Real estate can often feel like it’s stuck in the past. But companies like Nawy are proving that with the right technology and vision, you can bring the industry right into the digital age.

With $52 million in new funding, backing from global venture capitalists, and plans to go regional, Nawy isn’t just playing in the MENA real estate game — they’re changing the rules.

Whether you’re a homebuyer looking for your next place, or a tech enthusiast watching the industry grow, one thing’s for sure: Nawy is one to watch in the proptech space.

Curious to learn more?

Check out Nawy’s platform, explore local listings, and see firsthand how they’re transforming the way people buy homes in the Middle East and beyond.

Proptech in MENA is just heating up — and Nawy’s future looks very bright.