Aqar Exit Raises $200,000 at $2M Valuation in Egypt

In Short

• Aqar Exit raised $200,000 at a $2 million valuation.
• The investor was Ayman Mamdouh Abbas, executive chairman of Intro Holding Group, who took a 10% stake.
• The Egyptian proptech plans to use the money for product work and Gulf expansion, and is targeting a $5 million round in 2027.

What Happened

Aqar Exit has secured $200,000 in new funding at a $2 million valuation. The company, founded in 2026, operates a proptech platform that helps people who can no longer keep up with property instalments transfer their purchase contracts to new buyers.

The investor, Ayman Mamdouh Abbas of Intro Holding Group, acquired 10% equity. Aqar Exit founder and chairman Mahmoud Ammar shared the deal in an interview, following the startup’s appearance on Shark Tank Egypt.

Aqar Exit’s product focuses on property contract assignments, which is when one buyer hands over their purchase contract and remaining payment plan to another buyer. Sellers submit contract details and supporting documents like agreements and payment receipts. Aqar Exit then verifies the information, creates a listing, and matches it with buyers who can take on the remaining instalments.

The startup says it charges buyers a 1.25% fee of the contract value after a successful transfer. Sellers do not pay fees.

Aqar Exit reports about $181 million in “closed listings” across 638 transactions, plus 14,845 assignment files from 11,833 sellers and more than 67,000 purchase requests from buyers. The company notes that removed listings are counted as closed, so the figures may not reflect completed property sales.

Why It Matters

Installment-based home buying is common in Egypt and across parts of the Gulf. When buyers fall behind, contract transfers can be messy, paperwork heavy, and risky for both sides.

If Aqar Exit can standardise verification and matching, it could make secondary home sales more liquid, meaning easier to resell and transfer. Its Gulf expansion plans also point to a regional market for tools that manage resale, contract checks, and buyer qualification.

The planned $5 million raise in 2027 will be a key test of whether investors see contract assignment marketplaces as a scalable real estate finance workflow, not just a listings business.