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In my point view I will say that Bayt which means "house" have raw bases start right the rest is easy.. and that for I imagine it like this...
people are the base that starts the building and continue to rise it.
Probably a single letter "B"2 tone inside a box or circle and orange/blue is very already but having a1 character or letter distinction is better so that it can be associated already or part of branding. E.g. "F" normally stands already as Facebook, "HP" is Hewlette Packard etc.
Any1 or2 character would do already as added branding/image to existing bayt.com logo.