Huspy: 10 Key Things You Must Know

Overview

Huspy is a pioneering proptech company revolutionizing the home-buying and mortgage financing experience in the Middle East and Europe. Founded in 2020 and headquartered in Dubai, Huspy offers an integrated platform that seamlessly connects homebuyers, real estate agents, and mortgage brokers with banks and property listings. With a strong presence in the UAE and Spain, and ambitious plans for expansion, Huspy combines cutting-edge technology, including AI-powered tools, with expert real estate and finance services. This fusion provides users with faster mortgage approvals, transparent processes, and a simplified path to home ownership. This article explores ten key aspects of Huspy, from its innovative business model to its rapid growth and impact on the real estate sector.

1. Origins and Founding

Huspy was founded in 2020 by Jad Antoun and Khalid Ashmawy with the mission to solve inefficiencies in the traditional home-buying journey, particularly in the UAE market. Frustrated by the lengthy, paperwork-heavy mortgage application processes and lack of price transparency, they envisioned a technology-driven platform to digitize and simplify every step from property search to financing. Their goal was to create a one-stop solution enabling homebuyers to secure mortgages quickly and find suitable homes with ease. Over four years, Huspy evolved from a mortgage provider to a comprehensive proptech company serving multiple global markets.

2. Core Services and Platform Features

Huspy offers an end-to-end digital platform encompassing home search, mortgage financing, and real estate brokerage services. It operates a Mortgage Brokers Portal linking brokers with over 25 banks, facilitating competitive mortgage deals and faster approvals. Additionally, Huspy provides a Super App for real estate agents that integrates property management, client communications, and deal tracking. The platform also supports homebuyers with tailored mortgage options, transparent comparisons of interest rates, and clear guidance on required documentation, thereby demystifying the home financing process.

3. Innovations in Mortgage Financing

Huspy is at the forefront of proptech innovation by incorporating AI tools, including the GCC’s first AI-powered mortgage chatbot, Huspy.Ai. Launched in 2025, this chatbot provides instant mortgage eligibility checks, real-time rate comparisons, and document guidance via WhatsApp, significantly reducing delays and increasing transparency. The use of AI and advanced data analytics allows Huspy to streamline mortgage applications and approvals, dramatically shortening the mortgage processing time—from the typical two months to about two weeks—thus improving customer experience and efficiency.

4. Geographic Expansion Strategy

Starting in Dubai, Huspy now operates across multiple major cities in the UAE and Spain, including Dubai, Abu Dhabi, Madrid, Valencia, Alicante, and Malaga. The company has announced plans to launch in six more Spanish cities by the end of 2025 and is entering the Saudi Arabian market, aiming to have a presence in over 10 cities globally by this year’s end. This expansion strategy targets mid-sized cities with high transaction volumes, leveraging a repeatable city launch playbook that adapts Huspy’s technology and services to varied real estate markets.

5. Market Impact and Growth Metrics

Huspy has quickly become the largest mortgage processor in the UAE, handling over 25% of residential home financing in Dubai. In Spain, its real estate business achieved over 20 times year-on-year growth in 2024. The platform facilitates more than $7 billion in real estate transactions annually across its markets, empowering thousands of real estate agents and mortgage brokers. It's trusted by more than 8,000 homebuyers in the UAE alone, reflecting significant traction and customer confidence in its services.

6. Funding and Investors

Since its inception, Huspy has raised over $100 million through multiple funding rounds. Its notable Series A round in 2022 secured $37 million led by investors such as Sequoia Capital, Founders Fund, and Fifth Wall. More recently, in mid-2024 and 2025, Huspy closed a $59 million Series B round led by Balderton Capital, with participation from Peak XV Partners, ExBorder Partners, Turmeric Capital, BY Ventures, Dara Management, and KE Partners. This capital fuels Huspy’s rapid expansion and deep investment in technology and talent.

7. Awards and Industry Recognition

Huspy was named the “Fastest Growing Agency of the Year – Dubai” at the 2024 Bayut Awards, an accolade recognizing its innovative approach and rapid scale within the competitive real estate ecosystem. This award highlights Huspy’s commitment to excellence, transparency, and client satisfaction, positioning it as a market leader redefining real estate brokerage standards in the UAE. Industry leaders praise Huspy for its customer-centric philosophy and technology-driven marketplace transformation.

8. Technology and Talent

Combining technology and human expertise, Huspy employs over 300 professionals representing more than 40 nationalities, drawing talent from top global tech and real estate firms. The company maintains tech hubs in both the UAE and Spain and invests heavily in product innovation, including CRM platforms for agents and AI mortgage advisors. This diverse and highly skilled workforce is central to Huspy’s vision of building a scalable, intelligent infrastructure that empowers brokers, agents, and buyers alike.

9. Acquisitions and Strategic Partnerships

To accelerate growth and enhance its service capabilities, Huspy has acquired several mortgage brokerages, including Just Mortgages and Finance Lab, incorporating their teams and banking partnerships. These acquisitions allow Huspy to deepen its market penetration in the UAE and offer a broader range of mortgage products. Additionally, Huspy nurtures strategic relationships with over 25 banking partners, ensuring competitive mortgage rates and innovative financing solutions for customers.

10. Future Outlook and Vision

With aggressive plans to expand across Europe and the Middle East, Huspy aims to operate in most major cities within these regions by 2028. The company focuses on continuing AI-driven innovation, building seamless integration across the homebuying ecosystem from financing to property management and aftercare services. By fostering a network that elevates agents and brokers through superior tech tools and high commissions, Huspy envisions transforming real estate into a fast, transparent, and customer-first industry globally.

Conclusion

Huspy stands out as a transformative force within the proptech landscape, bringing cutting-edge digital solutions to the traditionally fragmented and cumbersome homebuying process. From its inception as a mortgage innovator in Dubai to its rapid multinational expansion and groundbreaking AI applications, Huspy has demonstrated an unwavering commitment to simplifying and enhancing the real estate experience. As it continues to grow across Europe and the Middle East, its fusion of technology, talent, and strategic vision positions it to redefine the future of home ownership worldwide. Will Huspy’s model become the global standard for real estate transactions? The coming years may well decide the future of home financing.