Dubai United Arab Emirates
The Dubai PropTech Business Group, operating under the umbrella of Dubai Chamber of Commerce, has signed a strategic cooperation agreement with Changer Club, an international private investment community founded in 2019 and headquartered in Lausanne, Switzerland. Under the agreement, Changer Club becomes the official investment partner of the group.
Operating through dual chapters in Zurich and Dubai, Changer Club connects 270 entrepreneurial families across 21 countries—including the UAE, Saudi Arabia, Qatar, Kuwait, Lebanon, Jordan, and Egypt—representing a combined net worth of $25 billion (AED 91.8 billion). The partnership aims to connect Dubai-based real estate technology firms with global private capital, focusing on scalable solutions across artificial intelligence, building automation, digital infrastructure, asset management, and property transactions.
The alliance supports Dubai’s Real Estate Strategy 2033 and complements key initiatives such as the Dubai PropTech Hub (targeting over AED 1 billion in investments by 2030) and the PropTech Data Sandbox. It also aims to accelerate the growth of Dubai’s PropTech market from AED 2.2 billion ($599 million) in 2023 toward its target of AED 4.5 billion ($1.23 billion).
Jonas Rolo, Co-Founder of Changer Club and Chairman of MENA, stated that after proving its ability to build world-class physical real estate, Dubai’s next frontier is exporting transformative real estate technology to global hubs such as London and New York. Fadi Nwilati, Chairman of the Dubai PropTech Business Group, highlighted that the agreement connects local innovators with experienced entrepreneurial families who provide strategic market access, commercial expertise, and growth capital.
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