Hipmortgages has successfully raised $22 million in Series A funding, marking one of the largest funding rounds in the GCC this year. The round was led by Impact46 (Kingdom of Saudi Arabia), with participation from Mubadala Investment Company, Rua Growth Fund, anb seed, MoreThan Capital, Salica Oryx Fund, and Dubai Future District Fund.
Since launching in 2020, Hipmortgages has been focused on transforming how people buy homes in the Middle East. We introduced one of the region’s first fully digital homeownership platforms, giving buyers instant access to 20+ lenders and complete visibility across the journey — from mortgage pre-approval to final financing.
Our mission has always been clear: simplify homeownership through technology, expert guidance, and trusted property partnerships. To date, we’ve supported over 80,000 clients and now facilitate more than AED 1 billion in transactions every month. With this funding, we’re ready to bring the same seamless experience to Saudi Arabia’s rapidly growing real estate market.
This milestone goes beyond capital. It strengthens our ability to offer homebuyers in both the United Arab Emirates and the Kingdom of Saudi Arabia faster, simpler, and more transparent access to property ownership.
Meeting Demand in Two Rapidly Growing Markets
The UAE residential property market, valued at $143 billion in 2025, is projected to reach $217 billion by 2030, growing at an annual rate of 8.66%. Long-term initiatives such as Dubai’s 2040 Urban Master Plan, Abu Dhabi’s smart city strategy, and blockchain-enabled land registries are redefining how property transactions are executed.
Saudi Arabia is experiencing similar momentum. Its residential real estate market is currently valued at $203 billion and is forecast to reach $310 billion by 2030, with an 8.77% annual growth rate. This expansion is driven by Vision 2030 housing initiatives, large-scale smart city developments such as Riyadh Digital City, and increased access for international investors.
According to Basmah AlSinaidi, Managing Partner at Impact46 and lead investor in the round:
“Hipmortgages is bringing much-needed clarity to a process that has historically lacked transparency. By streamlining access to lenders and giving buyers full control of their financing journey, the company is reshaping how people buy homes across the region. Their expansion into Saudi Arabia reflects a broader shift in consumer expectations toward seamless, technology-driven ownership experiences.”
How Hipmortgages Will Use the Funding
This investment enables us to:
- Accelerate our launch in Saudi Arabia, delivering the same trusted and digital-first experience we’ve built in the UAE
- Enhance our technology platform, making every step — from property discovery to financing — faster, clearer, and fully transparent
- Build strong local teams in each market to provide expert, on-the-ground support
- Strengthen HUB by Hipmortgages, empowering real estate agents with better tools, visibility, and speed when supporting clients
Confidence From Our Investors
Looking Ahead
With this funding, Hipmortgages will continue expanding in Saudi Arabia, investing heavily in technology, and strengthening HUB by Hipmortgages to support agents and buyers with faster, more efficient tools.
Our focus remains unchanged: to make homeownership in the Middle East simpler, clearer, and more accessible for everyone. We’ve proven what’s possible in the UAE — and now, we’re ready to scale that success across Saudi Arabia and beyond.