Abu Dhabi Real Estate Boom in 2024
Abu Dhabi’s property market is experiencing record-breaking momentum. According to the Abu Dhabi Real Estate Centre (ADREC), 2024 saw AED 96.2 billion in deals a 10% rise compared to the previous year with 28,249 transactions and foreign investment nearly doubling to AED 7.86 billion. Projects often sell out in under 48 hours, while 38 new off-plan launches kept developers under pressure. Yet, the real challenge in such a competitive market is not demand it’s getting the pricing, broker management, and buyer relationships right. This is where eVoost AI, an Abu Dhabi-based PropTech startup, steps in.
What is eVoost AI?
eVoost AI is a PropTech startup leveraging artificial intelligence to solve long-standing challenges in the real estate industry. Unlike traditional systems reliant on static reports and manual processes, eVoost uses predictive analytics and AI-powered marketing automation to guide developers through every stage of the property cycle from planning and pricing to sales and customer engagement.
Data Over Guesswork
In the UAE, where AED 893 billion in real estate transactions were closed last year, relying on gut instinct can cost millions.
eVoost AI replaces guesswork with data-driven insights by analyzing:
- Buyer behavior and preferences
- Pricing trends across Abu Dhabi & UAE
- Social media sentiment
- Unit mix demand forecasts
The result? Developers can design projects that reflect real buyer demand, set competitive prices, and avoid leaving revenue on the table.
AI for Buyers and Brokers
Beyond planning, eVoost AI enhances the buyer journey. Its multilingual AI-powered agent works 24/7, qualifying leads and guiding prospects through personalized experiences across mobile and web platforms.
Unlike generic chatbots, eVoost focuses on conversions without the hard sell. More importantly, it allows developers to:
- Maintain brand identity and control by integrating directly into their websites
- Manage and track broker networks transparently
- Centralize customer data for streamlined oversight
In a city where dozens of projects launch simultaneously, this clarity provides a major advantage.
A Crowded Market, but a Unique Position
AI in real estate is not new. Developers like IMKAN collaborate with Saal.ai, and the Dubai Land Department already uses AI for regulatory oversight. Globally, Europe’s living sector is projected to hit €60 billion by 2025, and U.S. developers are rapidly adopting digital tools.
What sets eVoost apart is its end-to-end approach. Instead of focusing only on sales or marketing, eVoost covers the full real estate lifecycle planning, pricing, lead management, and long-term buyer relationships all within one platform.
Why Investors and Developers Are Watching
eVoost AI is attracting attention from multiple angles:
- For VCs: Every buyer interaction strengthens eVoost’s data moat, positioning it as a scalable PropTech solution. Early investors may see Series A opportunities.
- For Engineers: Real-time analytics and predictive models in a trillion-dollar industry create rare career opportunities.
- For Developers & CEOs: The pitch is simple better pricing, smoother operations, and stronger brand loyalty.
The startup recently secured a seed round led by Qora71, a Hub71 partner fund co-founded by Yousef Salem (CFO of ADNOC Drilling) and Jaime Bañon (Entrepreneur in Residence at Hub71).
The Bottom Line
Abu Dhabi’s real estate market shows no signs of slowing down, and every misstep costs millions. eVoost AI isn’t claiming to reinvent the industry overnight, but its data-first, AI-powered approach could be the competitive edge developers need to thrive.
As global PropTech adoption accelerates, eVoost AI might be one to watch a potential game-changer in a crowded but growing field.
Frequently Asked Questions (FAQ)
1. What is eVoost AI?
eVoost AI is an Abu Dhabi-based PropTech startup that uses predictive analytics and AI-powered marketing automation to help real estate developers optimize pricing, streamline sales, and manage buyer relationships.
2. How does eVoost AI benefit real estate developers?
It provides data-driven insights into buyer behavior, pricing trends, and demand forecasting. Developers can improve project planning, reduce pricing risks, and maintain better control over broker networks.
3. Does eVoost AI replace real estate brokers?
No. Instead of replacing brokers, eVoost provides transparent tracking and centralized oversight, helping developers manage broker performance more efficiently while keeping customer data in-house.
4. How is eVoost AI different from other PropTech solutions?
Unlike competitors that focus only on sales or marketing, eVoost covers the entire real estate lifecycle from project planning and pricing to sales automation and buyer engagement.
5. Is eVoost AI only for Abu Dhabi developers?
While based in Abu Dhabi, eVoost AI’s platform is designed to scale and could benefit developers across the UAE and international markets.
