ThisWeekIn Coworking

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🇦🇪 A look at coworking growth in the UAE
This local piece looks at three data sets re: coworking growth in Dubai and Abu Dhabi.
Firstly, Expand 👇 there’s a huge variety of options with affordable spaces and lux options ($40.8k+ p/year to use). Second, a free zone dedicated to digital commerce in Dubai partnered with IWG to launch a Spaces location there. And thirdly, local desk-booking platform Letswork boasts over 55,000 users across the region and Saudi Arabia, Bahrain, Spain and Portugal.
🇦🇪 ‘Business in Dubai’ platform features flex space options
Hamza Khan shares that Letswork is part of the platform being pulled together by the Dubai Chamber Expand 👇 of Digital Economy to simplify processes for companies looking to launch or expand business into the region.
🎨 Dubai-based space booking platform rebrands
Letswork, who bill themselves as ‘a subscription platform and marketplace for places to work, meet Expand 👇 and create, on-demand’ (and who I’ve covered before) have rolled out a rebrand and new app as they aim to scale globally.
🎟 Another booking app shifts to credit system
Letswork have shared that they’re switching to a credit-based system instead of charging per Expand 👇 booking. I’ve been watching this trend for a while and always gathering feedback on how well/badly the unit economics around credits convert into revenue for workspace providers. If you participate on a credit-based platform, I’d love to hear your thoughts around what you like/dislike about it.
🇦🇪 Dubai-based flex marketplace lands growth capital
Letswork have announced a $2.1M seed round, and an expansion into neighbouring Saudi Arabia. The Expand 👇 platform, founded in 2019 by Omar Almheiri and Hamza Khan, allows users to book workspaces in coworking spaces, cafes and hotels.