NASDAQ: CSGPUSA
CoStar Group
$37.9B
—
Series A · GCC Proptech · Path to NASDAQ
The first AI platform for brokers, developers and banks in the GCC.
Core AI ERP Platform
Total commissions processed through the platform
AED
0
since 2022 · live data from ERP
- 0 closed deals
- 0 accredited brokers
- 0 active listings
- 0 countries
Why GCC, why now
Brokerage platforms have proven their business model worldwide.
The GCC market is open — and Core Realty is the first platform in the region.
NYSE: BEKEChina
KE Holdings
$21B
—
NYSE: COMPUSA
Compass
$6.78B
—
LSE: RMVUK
Rightmove
$4.45B
—
SERIES A · GCCDubai
Core Realty
$65M
current valuation · IPO exit $0.6–1.3B
Core metrics · FY2025
Mature unit economics at an early stage
- $13.8M Gross Revenue · +300% YoY
- $1.8M Company Dollar · take-rate
- $390M GMV · transaction volume
- $527K EBITDA · better than expected
Unit economics · per broker
Every $1 invested in a broker returns $6.8
- $4.3K CAC · cost to acquire
- $29.2K LTV · 21-mo tenure, 5% churn
- 6.8× LTV / CAC ratio
- 3.2 mo payback period
Growth track
Multiple-X revenue growth every year
- $272K 2022 · year one
- $2.8M 2023 · +929% YoY
- $4.3M 2024 · +54% YoY
- $13.8M 2025 · +221% YoY
Founders & Team
A team with experience in the GCC and at leading companies worldwide.
Bootstrapped since 2022 · $2M founder capital deployed · 100% ownership prior to this round. $6.5M Series A is the first institutional money in Core Realty.
Peter Raspopov
Co-Founder & CEO · 4 yrs full-time
Core Realty co-founder. In real estate in the UAE since 2022. 2B AED total sales volume per year. Top-30 real estate company in the UAE. Co-founder of Sari — the first AI long-term rental in the UAE.
Andrey Veselov
Co-Founder · 2 yrs full-time
Core Realty co-founder. In real estate in the UAE since 2022. 2B AED total sales volume per year. Top-30 real estate company in the UAE. Co-founder of Sari — the first AI long-term rental in the UAE.
Niko Parhomenko
Director · BD
CEO with public market listing experience in the US and Germany. VP Business Development at Imperial Fund ($10B AUM). Former CEO of the official WeChat Pay in the US.
Nastia Debowska
CMO
7 years at Google, 6 at YouTube · Strategic Partnership Manager. Supported 800+ channels with 3.3B monthly views. Top 10% of the most experienced YouTube managers worldwide.
Viacheslav Balobanov
CTO
Senior full-stack engineer · 23 years in IT · 50+ delivered projects. Surgical training system for Boston Scientific (US); national-scale public-vote platform serving 1M+ daily users; ERP for oil & gas with automatic hydraulic tests; web cabinets and multi-rail payments for 2040world.io (Singapore) on Unreal Engine.
Ayza Ali
HRD
Bachelor of Political Science & International Development, University of Cambridge. TEFL Certificate from the Ontario Institute (University of Toronto).
Contact the founder
pr@corerealty.ae Peter Raspopov · CEO & Founder, Core Realty
Office