Dubai AI Week 2025 marked a significant milestone with the launch of the Gulf Cooperation Council’s (GCC) first AI-powered mortgage chatbot, aimed at transforming home financing in the United Arab Emirates (UAE). The chatbot, named Huspy.ai, was introduced on WhatsApp by Huspy, a Dubai-based homebuying technology platform, during the event attended by key government leaders and business executives.

The AI chatbot enhances the homebuying experience by offering users access to interest rate information, real-time mortgage comparisons from a wide range of UAE banks, personalized eligibility assessments, and clear guidance on necessary documentation. By providing essential transparency early in the mortgage process, Huspy empowers homebuyers and investors to make informed decisions with greater efficiency and cost-effectiveness.

Jad Antoun, Founder and CEO of Huspy, emphasized the company’s mission to radically transform the home buying journey. He stated, “At Huspy we are on a mission to radically transform the home buying journey, simplifying every step for the users with technology and innovation.” Antoun highlighted that the AI chatbot is designed for prospective buyers in the UAE and around the world, marking a significant step towards a fully digital and frictionless home financing experience that aligns with the UAE’s vision for AI and innovation. He also noted that the real estate sector in the UAE continues to see high demand, and with the integration of AI, they are excited about the future of home mortgages.

The UAE’s AI market is expected to grow dramatically, from approximately $3.47 billion in 2023–2024 to an estimated $46.33 billion by 2030, contributing about 14 percent to the nation’s GDP. This launch coincides with robust growth in the UAE’s real estate market, which recorded over $243 billion in home sales transactions in 2024, with mortgages exceeding $62 billion.