Coraly Becomes First MENA Proptech to Gain Global RESO Certification

AI-powered proptech startup, Coraly, has officially earned the Real Estate Standards Organization (RESO) certification for the RESO Common Format 2.0 data standard, becoming the first MENA-based startup to do so, and the first worldwide outside of the Americas and Europe. The Dubai-based outfit has been at the forefront of the regional real estate transformation, specifically in marketing and operations. Founded in 2022 by Fouad Bekkar, Coraly’s AI-driven platform offers predictive analytics and data integration for brokerages, developers and portals. RESO standards are considered part of the very fabric of contemporary property data infrastructure globally. The certification underlines Coraly’s capacity to exchange, interpret and share real estate data in MLS, the world’s most widely-used format, negating the need for rework, data loss or compliance risk. “We built Coraly not just to serve the region, but to set a new standard for what’s possible in real estate marketing and data infrastructure,” explains Bakker, who also serves as the CEO. “For us, the RESO certification is more than a technical milestone, it’s a signal of trust. It proves Coraly is ready to integrate with the world’s leading MLSs, brokerages, and data platforms, without friction or delay.” While the real estate sector has long been considered to have been behind the digital transformation that has swept through the region for the last decade, Coraly’s acquisition of RESO certification is the latest milestone marking the continued evolution and maturity of real estate and proptech in MENA.