Dubai-based real estate classifieds website Property Finder has secured a monumental $525 million funding round led by UK-based private equity firm Permira. The deal, which also includes a significant investment from Blackstone Growth, is one of the largest for a tech company in the region and will fuel Property Finder’s expansion across the Middle East and North Africa.
By The Numbers
- Funding Amount: $525 Million
- Lead Investor: Permira
- Other Key Investors: Blackstone Growth, General Atlantic
- UAE Property Market Value (2024): $160 Billion
A Trio of Global Heavyweights
The funding round brings together a powerful consortium of global investors. While funds advised by Permira led the transaction, funds managed by Blackstone Growth have also taken a “meaningful minority stake.”
General Atlantic, a US-based growth equity firm that invested $120 million in Property Finder in 2018, sold a portion of its holdings but will retain a “significant” minority stake, signaling continued confidence in the company’s long-term trajectory.
Fueling Regional Domination
The new capital will be deployed to aggressively scale Property Finder’s platform, expand its footprint into new and existing MENA markets, and capitalize on emerging opportunities within the region’s dynamic real estate sector. This investment provides the company with a substantial war chest to solidify its market leadership.
Capitalizing on a Booming Market
The funding comes as the region’s real estate market continues to thrive. The UAE property market alone, Property Finder’s largest, was valued at $160 billion in 2024 and is projected to grow by 13% over the next five years. In the first half of 2025, Dubai recorded real estate deals worth $117 billion, a 25% increase year-on-year, highlighting the robust health of the sector that Property Finder serves.
About Property Finder
Property Finder is the leading real estate classifieds and property technology platform in the Middle East and North Africa. It connects millions of property seekers with a vast network of real estate agents, brokers, and developers, providing comprehensive listings and market insights.
Looking Ahead
This massive funding round cements Property Finder’s status as the undisputed leader in the MENA proptech space. The backing from top-tier global private equity firms like Permira and Blackstone not only provides immense capital but also serves as a powerful validation of the region’s digital real estate market. The investment is expected to trigger a new phase of innovation, potential consolidation, and aggressive expansion for Property Finder across the region.
Source: AGBI
