AI-native real estate company Huspy has acquired Dubai-based luxury real estate brokerage LuxuryX, in a strategic expansion of its UAE real estate business.
LuxuryX was founded by Patrick Hayden and comprises specialist property consultants focused on Dubai’s luxury residential market. The brokerage has built its reputation around luxury market expertise, and a highly personalised approach to client representation. Patrick brings over two decades of luxury real estate experience across Dubai, Australia and the United Kingdom, with landmark transactions and long-term client advisory.
The acquisition comes amid continued growth across the UAE real estate sector. Dubai recorded AED 25bn in real estate transactions in Q1 2026, representing a 31% year-on-year increase in value.
In Abu Dhabi, transaction values reached AED 117bn during the first half of 2026, rising 112% year on year, while foreign direct investment increased 309% to AED 13.8bn. These results demonstrate the resilience of the UAE property sector and continued international confidence in the country’s long-term economic, regulatory and infrastructure agenda.
Against this backdrop, Huspy has continued to expand its UAE real estate operation. Since January 2026, its brokerage network has grown by 75%, translating into greater market share and establishing Huspy as a source of buyer leads across some of Dubai’s most prestigious residential communities, including Dubai Marina, The Meadows and The Lakes.
The business also recently delivered its strongest month to date, achieving all-time highs across revenue, transactions, listings, viewings, offers, conversion rates, conveyancing and recruitment, alongside increases in average agent conversion and revenue per agent. Huspy further strengthened its position in the luxury property segment by completing Palm Jebel Ali’s highest recorded resale transaction at AED 49m.
“Dubai and the UAE is where Huspy began and remains extremely central to our ambition of building the largest homebuying AI-native company across the Middle East and Europe.
“LuxuryX has built a very efficient business in a segment we are doubling down on heavily. The acquisition gives us the right team and expertise to accelerate our growth in the luxury property market.”
Jad Antoun, CEO, Huspy
The LuxuryX team will become part of Huspy’s growing UAE real estate operation, bringing its specialist market knowledge, client relationships, and high-performing agents into Huspy’s wider technology and operational infrastructure.
The acquisition supports the upcoming launch of Huspy Signature, the company’s new luxury real estate brand, which will launch next month.
“LuxuryX was founded on the belief that luxury is defined by the quality of the experience, not simply the value of the property. Huspy shares our focus on exceptional people, long-term client relationships, and a more sophisticated standard of real estate advisory.
“Joining Huspy gives our team access to the technology, infrastructure, and international reach required to take that vision further.”
Patrick Hayden, Founder and CEO, LuxuryX
Huspy Signature will present a curated portfolio of luxury properties and investment opportunities across Huspy’s international markets. The platform will combine specialist property advisory with access to Huspy’s mortgage partner services, creating an integrated experience for high-net-worth buyers, investors and property owners.
The launch represents the next stage of Huspy’s expansion, extending its real estate and mortgage capabilities into the premium and luxury segments while connecting clients with opportunities across multiple international markets, including Dubai, Milan, Madrid, Marbella, Barcelona and Ibiza.
Huspy’s growth is underlined by its continued investment in proprietary technology for real estate and mortgage professionals.
The company recently launched ‘Huspy 2.0’, an AI-native real estate app designed to bring the core elements of an agent’s workflow into one platform. Its capabilities comprise listing management, lead and pipeline visibility, buyer matchmaking, instant property valuations, market intelligence, and AI-powered assistance.
Along with the technology they are building for their mortgage business, this creates a full suit of products to supercharge the productivity of real estate agents and mortgage brokers to serve home buyers and sellers through excellence and efficiency.
“Our growth is not driven by agent headcount alone. It is driven by the technology and infrastructure we build around every agent. Our new real estate and mortgage platforms connect the complete homebuying journey, from matching buyers with the right property to securing the right financing.
“As we expand further within the luxury market, this technology will give our agents greater intelligence, speed, and control while enabling them to deliver the highly personalised experience luxury clients expect.”
Mark Castley, CEO of Real Estate, Huspy
The acquisition of LuxuryX, the upcoming launch of Huspy Signature, and Huspy’s continued investment in AI-native agent technology represent the next stage of the company’s growth.
Huspy now operates across four international markets, facilitates approximately US $1bn in transactions each month and handles approximately 25% of residential mortgages in the UAE. Together, its real estate, mortgage and technology capabilities are creating a more connected home-buying experience across the Middle East and Europe.
