The Small and Medium Enterprises General Authority “Monsha’at” announced the winning startups of the “Digitalizing the Customer Experience in the Real Estate Sector” in cooperation with the Real Estate General Authority,

 to create solutions via varied innovative and technical products and services for the challenges faced by buyers or tenants while looking for a residence. This is the first of a series of challenges aimed to find solutions in the real estate innovation program to unleash the sector’s capabilities. 

The challenge finalists were selected after passing a number of rounds, including an intensive training camp, to prepare for the finals.

The judging panel evaluated 27 projects from 165 to select the final 3.

In the first place, Ejari won a prize worth 50.000 SAR; in the second place, the “AgdEjar” project won a prize worth 30.000 SAR; and in the third place, “Aqqar Pot” won a prize worth 20,000 SAR.

The finalists had succeeded in three stages, the first was in looking for a residence, the second was examining the residence, and the final one was in supporting services like design, maintenance, furniture, etc.

The challenge will offer the winners an opportunity to work with the best trainers and counselors in the real estate sector and to present their projects with investors, to ease their way in the Real Estate Innovation Accelerator. This challenge is among other programs provided by Monsha’at for innovators and entrepreneurs to develop the sector and achieve KSA 2030 Vision objectives.