
RAY Labs
About
RAY Labs is a Saudi-headquartered proptech company building an all-in-one tenant and property management platform for residential and commercial real estate across Saudi Arabia and the UAE. Supporting over 25,000 users across 5 countries, RAY covers facility management, billing, community management, and reporting, integrating with the CRMs and ERPs property managers already use rather than replacing them.
RAY Labs's profile
Mission
To give residential and commercial property managers a single digital platform that handles community management, facility operations, billing, and tenant communication, without replacing the tools they already use.
Vision
To become the standard digital layer for property and community management across the GCC and MENA, expanding the same playbook that worked in Saudi Arabia and the UAE into North Africa.
How it began
1) RAY Labs began as a conversation at BDD, where the founders started exploring what a community management tool for the district’s own companies could look like.
2) While the world was digitizing internal operations with tools like Teams and Slack, real estate companies were still running tenant and facility management through traditional, disconnected processes.
3) Ayman, an electrical engineer with experience in energy management and real estate, saw the gap and built a B2B SaaS product to fill it from the ground up.
How it's going
1) The platform now supports over 25,000 users across 5 countries, with major clients including Zamil, BDD, Al-Bustan Village, Vives Compound, and SRTIP.
2) Recurring revenue has doubled over the past two years, with Saudi Arabia established as the company’s primary growth market.
3) Clients adopting RAY report a 30% increase in tenant engagement, a 25% improvement in retention rates, and a 20% cut in operational costs.

