{"id":54191,"date":"2025-01-13T12:07:48","date_gmt":"2025-01-13T09:07:48","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=54191"},"modified":"2026-03-28T07:20:34","modified_gmt":"2026-03-28T04:20:34","slug":"marking-four-years-of-leadership-in-the-kingdoms-proptech-market-waslat-anticipates-a-five-fold-revenue-increase-by-2028","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/marking-four-years-of-leadership-in-the-kingdoms-proptech-market-waslat-anticipates-a-five-fold-revenue-increase-by-2028\/","title":{"rendered":"MARKING FOUR YEARS OF LEADERSHIP IN THE KINGDOM\u2019S PROPTECH MARKET, WASLAT ANTICIPATES A FIVE-FOLD REVENUE INCREASE BY 2028"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>The platform strengthens Saudi Arabia\u2019s real estate offering with cutting-edge AI solutions, empowering over 750,000 users<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh, Kingdom of Saudi Arabia; 13 January 2025:<\/strong>\u00a0Wasalt\u2014the most advanced digital real estate platform specializing in real estate services\u2014has emerged as a transformative leader in Saudi Arabia\u2019s PropTech landscape within a short period of 4 years, redefining the real estate ecosystem with cutting-edge technology, AI-driven solutions, and the recent launch of its innovative digital auction platform licensed by Infath, the Kingdom\u2019s entrustment and liquidation center.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With an anticipated five-fold increase in revenue from 2025 to 2028, Wasalt has been witnessing significant growth in usage, boasting more than 750,000 registered users and 100,000 monthly leads. Furthermore, through its new auction platform, it has transformed the traditional auction process, providing a seamless and secure experience for buying and selling properties.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond auctions, Wasalt continues to lead the market in transparency with AI-driven verification protocols and an innovative valuation tool, enhancing user confidence. These tools allow users to create personalized property descriptions, generate social media content, access real-time property valuations, predict ROI, and receive quality leads within Saudi Arabia\u2019s US$1.25 trillion real estate market.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ziad El Chaar, Chairman of Wasalt,<\/strong>\u00a0said: \u201cWith the Kingdom&#8217;s population surging and requiring 1.5 million new homes, Wasalt was established to modernize the real estate industry. Our rapid growth within four years of launch speaks volumes of our success in addressing the limitations of traditional real estate practices. This also reflects the platform\u2019s ability to deliver value and convenience to the Saudi real estate community, enabling brokers, developers, and buyers to focus on what truly matters\u2014closing deals and growing their businesses. Simplifying the complexities of the real estate market by leveraging data analytics and providing users with tools for informed decision-making will be critical as the country braces for homeownership to increase from 47% to 70% by 2030.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As Wasalt continues to evolve, the company has introduced verification and quality assurance measures to proactively address market gaps. These measures ensure that listings remain continuously updated and free from inaccuracies. The company is also rolling out new features and services to strengthen the real estate landscape in Saudi Arabia and deliver unparalleled value and efficiency to its users.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The platform strengthens Saudi Arabia\u2019s real estate offering with cutting-edge AI solutions, empowering over 750,000 users Riyadh, Kingdom of Saudi Arabia; 13 January 2025:\u00a0Wasalt\u2014the most advanced digital real estate platform specializing in real estate services\u2014has emerged as a transformative leader in Saudi Arabia\u2019s PropTech landscape within a short period of 4 years, redefining the real [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":54192,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[449,24],"tags":[],"class_list":["post-54191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This 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