Maria Paula
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- RAISE Summit20 min
Roshn Group & Enhance Ventures: AI Meets Real Estate: Hype or Real Value
Robert, Yazeed Al-Ghamdi, Aristide, Maria Paula
Saudi Arabia's Roshan giga-project, mandated to deliver 400,000 housing units under Vision 2030, is leveraging Google Cloud AI and a proprietary digital sales platform to generate over 6 billion SAR in revenue while reducing land selection time by 40%. This hybrid transaction model, which integrates global KYC protocols and visualizes amenities for remote buyers, was further accelerated by the region's largest PropTech hackathon that sourced external solutions for operational bottlenecks. Driven by a young demographic and supported by upcoming infrastructure projects, the organization plans to launch a corporate venture capital arm and export its technology stack to international markets within the decade.