Dallali
Offers real estate digital solutions through simplifying the management part of any property for everyone.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
* | N/A | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 80 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Dallali, a proptech company based in Riyadh, was founded in late 2020 by Abdulrahman AlBeteri and Mohammed AlFayez. The founding team leveraged their backgrounds in regulation and investment to address the technological gap in Saudi Arabia's real estate sector. In December 2021, the company secured its first investment round, which was led by AlRamz Real Estate Company and a group of local angel investors.
The company operates in the Saudi Arabian real estate market, targeting property owners, real estate brokers, and tenants. Dallali functions on a Software-as-a-Service (SaaS) business model, generating revenue through monthly or annual subscriptions to its platform. It also offers an affiliate program where individuals can earn commissions for successful referrals. The platform is designed to digitize and automate real estate management, aiming to simplify transactions and increase transparency for all parties involved.
Dallali provides an integrated platform with a suite of digital tools for managing real estate activities. Key features include property and operations management, which oversees contracts, tenants, and payments. The platform facilitates the creation and approval of lease and sales contracts through accredited authorities. A real-time dashboard allows users to monitor property performance using various indicators to support informed decision-making. The system also enables online payments through channels like MADA and credit cards and sends automatic payment reminders via SMS and email. Additionally, Dallali offers tools for listing properties, managing broker profiles, tracking expenses, and generating reports. The platform integrates with the "Ejar" platform to facilitate the creation and notarization of unified electronic lease contracts.
Keywords: real estate management software, proptech, Saudi Arabia real estate, property management platform, lease management, online rent payment, real estate automation, Abdulrahman AlBeteri, Mohammed AlFayez, SaaS, property listing, tenant management, real estate analytics, digital contracts, Ejar platform integration, real estate investment, property technology, asset management, real estate brokers, rental property management