Episode 24-Bricks and Bytes: Iraq's Real Estate Tech Boom

Majlis & Markets

Real estate is becoming a major sector in Iraq's economy. According to Statista, a Germany-based market research and data company, it's the fourth largest among Arab countries and is expected to grow at a healthy rate of 6% over the next few years.

In our 24th episode, we spoke to Mahdi Zewin, founder and managing director of Bayt Al Iraqi (BaytIraqi), a new Iraq-based proptech company.

In this episode, we spoke about several topics including:

• Why investors should consider investing in Iraq
• The opportunities and challenges in Iraq's real estate sector
• Iraq's emerging tech ecosystem

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Intro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay

Chapitres

1. Episode 24-Bricks and Bytes: Iraq's Real Estate Tech Boom (00:00:00)

2. Monologue intro (00:00:58)

3. Beginning of discussion (00:01:40)

4. Mahdi's early life (00:02:22)

5. Relocating to Iraq (00:05:13)

6. Why invest in Iraq? (00:08:41)

7. Setting up BaytIraqi (00:12:11)

8. Property buying process (00:18:15)

9. BaytIraqi and social media (00:21:11)

10. Covering rental properties (00:25:45)

11. Opportunities in Iraqi real estate (00:26:54)

12. Gulf and foreign interest in Iraq (00:33:00)

13. Real estate as an asset class (00:36:21)

14. Challenges of doing business in Iraq (00:37:19)

15. Lack of legal infrastructure (00:41:02)

16. Disrupting real estate market (00:43:36)

17. Banking sector (00:45:13)

18. Financing options for buyers (00:47:24)

19. Currency issues (00:50:40)

20. Developing tourism sector (00:54:14)

21. Supportive tech ecosystem (00:58:25)

22. Upcoming projects (01:02:51)

23. Contacting Mahdi (01:05:44)