Skip to content Skip to Search
Skip navigation

Dar Global spin-off to use AI in real estate marketing

A planned Dar Global development in Oman. The company aims to shake up real estate marketing with AI Dar Global
A planned Dar Global development in Oman. The company aims to shake up real estate marketing with AI
  • Propgenius to offer digital tools
  • AI to change social media approach
  • Pricing predictions from metadata

Dar Global, the London-listed arm of the Saudi Arabian real estate developer Dar Al Arkan, is establishing a venture dedicated to finding technological solutions to real estate companies’ biggest challenges.

Ziad El Chaar, CEO of Dar Global, told AGBI that the company’s new Propgenuis spin-off would introduce tools aimed at automating social media management for property marketing and offering accurate real estate investment pricing forecasts.

It uses generative artificial intelligence (AI) and data analytics to simplify content creation processes, changing how developers and brokers can approach their digital strategies. 

“Companies spend a lot of time on populating social channels,” Chaar said. “From deciding what content to post, what design to use, what message to write — and they don’t know if it will be engaging or not.

“Our engine can automatically populate their social channels with content when they feed in the property information.”

Propgenuis is also developing price forecasting tools that will help investors evaluate the optimal timing and pricing for their investments, Chaar said. 

The AI model will use metadata from government and private sources to generate precise price predictions for each product, he said.

The initial rollout will target markets in Saudi Arabia and India, where, Chaar said, real estate portals need more advanced data analysis tools.

“Technology should ultimately enhance our lives by enabling better decision-making,” Chaar said.

The global property technology market was valued in 2023 by the International Market Analysis Research and Consulting Group at $31 billion.

It is projected to cross $100 billion by 2032, at an annual growth rate of 14 percent from 2024 to 2032.

The growth is a result of urbanisation, digitalisation of real estate processes and the integration of technologies such as AI, big data and blockchain.

A report by the real estate company JLL predicted significant growth in the Middle East’s construction and property technology sectors, particularly in Saudi Arabia and the UAE, fueled by mega-projects, AI advancements and sustainability initiatives.

Latest articles


Dubai launches one-stop hub to streamline government services

People in Dubai can now obtain an Emirates ID, register a company, open a bank account and more under one roof following the opening of the Emirates Government Services Hub (EGSH). Owned by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, a member of the Dubai Royal family, EGSH allows clients to access all essential […]

In association with
Thailand's consul general Kitinai Nutakul visits the Saudi Ministry of Foreign Affairs in Jeddah

Thailand opens investment office in Saudi Arabia

Thailand’s Board of Investment (BOI) is opening its first Middle East office in Saudi Arabia, signaling a deepening of economic ties between the nations after a longstanding diplomatic spat. The office will focus on attracting Saudi investment into Thailand’s targeted industries and supporting Thai entrepreneurs looking to invest in the region, the BOI said in […]

hajj saudi arabia

Saudia reports big rise in international passengers

Saudi Arabia’s national carrier Saudia reported a 24 percent increase in international passengers to 9.1 million in the first half of 2024. There was also a 13 percent rise in the number of flights. The Hajj pilgrimage in June played a large part in the growth.  The number of passengers flying on domestic routes rose […]

renewables target dam

World is off track to meet Cop28 renewables goal

The world is far from reaching its 2030 renewables target, the International Renewable Energy Agency (Irena) said on Thursday. Countries committed at the Cop28 summit in Dubai last year to treble renewables capacity in order to limit global warming to 1.5C. To stay on course global capacity growth needs to accelerate to a minimum rate […]