Property Finder Acquisition, Valuation, Funding & Investors

Property Finder was acquired by BECO Capital and Mubadala in January 2026.

Property Finder acquisition price

Undisclosed

Acquired by BECO Capital, Mubadala · Jan 2026

Property Finder revenue

$117M

Undisclosed stage · Sep 2025

Cumulative funding Property Finder raised

$667M

across 4 funding rounds

Key investors in Property Finder

Property Finder Overview

About Property Finder

Property Finder is a Dubai-headquartered digital real estate marketplace operating in the UAE, Saudi Arabia, Egypt, Qatar, Bahrain, and Turkey. The platform lists verified residential and commercial properties via web and mobile apps, enabling searches for apartments in Dubai Marina or villas in Riyadh suburbs. Professionals use tools like myCRM Pro for lead management with API support, Data Finder for market analytics, Lead Tracker for engagement monitoring, Mortgage Finder for financing options, and Online Masterclass for training.


Founded

2005

HQ

UAEDubai

Status

Acquired

Customer focus

B2C & B2B

Revenue model

Advertising

Revenue

$117M (Sep 2025)

Valuation

$2B (Sep 2025)

Property Finder Acquisition

Property Finder was acquired by BECO Capital and Mubadala for an undisclosed price on 27 January 2026.

Before the acquisition Property Finder had raised $667M across 4 funding rounds.

Property Finder acquisition details
AcquirerDateType
  • BECO Capital
  • Mubadala
27 Jan 2026PE buyout

Property Finder Valuation

Property Finder is currently valued at $2B, based on its undisclosed-stage round in September 2025.

The $525M round was led by Blackstone and Permira.

Property Finder's valuation has grown 109x from $18M at its Series A in February 2013 to $2B in September 2025, across 5 priced rounds.

Property Finder valuation by funding round

Revenue multiple
Property Finder valuation by funding round
DateStageValuationRevenue Multiple
Sep 2025Undisclosed stage$2B17.1x
Jul 2022Secondary$411M-
Nov 2018Undisclosed stage$450M-
Jan 2016Series B$200M-
Feb 2013Series A$18M-

Property Finder Revenue

Property Finder's latest recorded revenue is $117M, as of its undisclosed-stage round in September 2025. At a $2B valuation, that implies a 17.1x revenue multiple.

Property Finder revenue by funding round

Property Finder revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Sep 2025$117M$2B17.1xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Property Finder Funding History

Property Finder has raised a total of $667M across 4 funding rounds, plus 1 secondary share sale.

Property Finder's first fundraising round was a $2M Series A in February 2013. The most recent completed round was a $525M undisclosed-stage round in September 2025.

Property Finder funding rounds

Property Finder funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2025Undisclosed stageBlackstone (lead); Permira (lead)$525M$2BProperty Finder is a Dubai-based real estate classifieds platform founded nearly two decades ago, operating across the MENA region including UAE, Saudi Arabia, Qatar, Bahrain, Egypt, and holding a stake in Turkish portal Hepsiemlak. It competes with rivals like Dubizzle and Bayut, offering property listings and targeting expansion in Saudi Arabia and Turkey. The company achieved unicorn status and maintains profitability, distinguishing it in the proptech sector. In September 2025, Property Finder sold a meaningful minority stake for $525 million to Permira and Blackstone, with Permira making its first Middle East investment and Blackstone expressing strong confidence in Dubai's real estate market. General Atlantic, an investor since 2018, partially exited but retained a significant minority stake. The transaction, subject to regulatory approvals, provides access to global expertise from these three major private equity firms to scale the platform and capture opportunities in MENA's dynamic real estate sector. This deal follows a $90 million debt financing from Francisco Partners in 2024 used for buying out early investor Beco Capital. It renews Property Finder's valuation to exceed $2 billion amid Dubai's property boom, where prices per square foot nearly tripled from $163 in 2003 to $490 in 2025, driven by population growth, visa reforms, and foreign investment. Despite forecasts of potential price corrections, the investment signals long-term confidence in the region's real estate technology. Property Finder benefits from UAE's expanding population and relaxed policies encouraging longer-term residence, with real estate valuations growing at 20% annually recently, expected to moderate. Leaders like CEO Michael Lahyani note sustained growth potential, while investors highlight the Gulf region's runway, positioning the company to leverage international networks without immediate IPO plans.
Jul 2022Secondary--$411MVNV Global agreed in July 2022 to sell its entire holding in Dubai-based Property Finder for USD 39 million, a price in line with its own carrying value as at June 30, 2022 and implying a company valuation of about USD 411 million. VNV had invested roughly USD 25 million in total, most of it in the 2015 Series B it led, and the transaction closed in September 2022. The counterparty was not named publicly; the stake was taken up within the existing shareholder base.
Nov 2018Undisclosed stageGeneral Atlantic (lead); Endeavor Catalyst; Vostok Ventures; Bossa Invest$120M$450MProperty Finder is a leading Middle East real estate classifieds website founded in 2007, operating as the UAE’s first online real estate catalog with presence in Saudi Arabia, Egypt, Turkey, UAE, Qatar, Bahrain, Lebanon, and Morocco. It provides comprehensive listings, data transparency, and tools for property seekers, agents, and developers, generating 6 million monthly website visits and serving as a key platform in the MENA property market. In November 2018, Property Finder raised $120 million in a growth equity round led by General Atlantic, with participation from Endeavor Catalyst and existing investor Vostok New Ventures (now Vostok Ventures), bringing the company’s total value to close to $500 million. General Atlantic acquired a minority stake, with funds directed toward expanding product and technology capabilities, brand growth in existing markets, and hiring about 200 more employees to reach over 650 staff by end of 2019. This marked one of the largest investments in a MENA tech company at the time, following a prior $20 million raise from Vostok in 2016 at $200 million valuation. The company had been profitable for four years leading into the round and showed steady growth since joining the Endeavor network in 2013, when it already reported nearly $200 million in revenues. Property Finder competed in a fragmented market, positioning itself as the preferred portal through data-driven innovations. General Atlantic's involvement continued in later years; by 2025, it partially sold its stake during a $525 million investment led by Permira with Blackstone Growth, retaining a significant minority holding, amid further raises including $170 million from UAE sovereign funds like Mubadala, aggregating nearly $700 million in equity.
Jan 2016Series BVNV Global (lead)$20M$200MProperty Finder operates real estate classifieds platforms across seven countries in the MENA region, established 10 years prior to 2016, headquartered in Dubai with over 150 employees. It holds market leadership in UAE and Qatar, competes closely in other markets, and achieved profitability in core markets and group-wide by mid-2016. In late 2015 to early 2016, Vostok New Ventures (now VNV Global), as sole investor, deployed USD 20 million in primary equity for 10% ownership, with USD 5 million paid in December 2015 and USD 15 million in Q1 2016. This transaction set the post-money valuation at USD 200 million, maintained through June 30, 2016, and valued at USD 20 million for VNV's stake as of December 31, 2016. In Q2 2016, Property Finder acquired a smaller Moroccan competitor, bolstering expansion. A follow-on investment by VNV and others in Q2 2016 occurred at roughly 48% higher valuation than the initial round.
Feb 2013Series APegasus Capital (lead); Xplorer Capital$2M$18M-

Who has invested in Property Finder?

9 investors have backed Property Finder across its funding rounds, including Bossa Invest, Endeavor Catalyst, Blackstone, General Atlantic, Permira and VNV Global.

Lead investors include Blackstone, Permira, General Atlantic, VNV Global and Pegasus Capital.


Property Finder Investors

Investors in Property Finder by funding rounds participated
InvestorHQRoundsRoleFirst check
VNV GlobalSwedenStockholm1LeadJan 2016
PermiraUnited KingdomLondon1LeadSep 2025
BlackstoneUnited StatesNew York City, NY1LeadSep 2025
General AtlanticUnited StatesNew York City, NY1LeadNov 2018
Endeavor CatalystUnited StatesNew York City, NY1ParticipantNov 2018
Pegasus CapitalUnited StatesGreenwich, CT1LeadFeb 2013
Vostok VenturesRussiaMoscow1ParticipantNov 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Property Finder

Property Finder has acquired 5 companies to date.

Last acquisition by Property Finder was on January 19th 2022. Property Finder acquired HomeValue for undisclosed valuation.


Latest Acquisitions by Property Finder

HomeValue
Bahrain Property World
Just Property
JRD Group
Description
HomeValue is a real estate technology company delivering AI-powered property valuations and analytics for developers, lenders, brokers, investors, and asset managers. Its platform tracks portfolio values, market trends, and investment opportunities using automated estimates across multiple markets.
Bahrain Property World is a Manama-based online real estate portal listing apartments, villas, and commercial spaces for rent and sale. The platform aggregates daily updates from agents covering Manama, Muharraq, Riffa, and Isa Town. Features include virtual tours, price comparisons, mortgage calculators, and direct agent contacts for over 5000 active properties.
JustProperty.com is a Dubai-headquartered online property portal aggregating listings from top brokerages across the UAE, including Abu Dhabi, Sharjah, and Ras Al Khaimah. Featuring over 50,000 residential, commercial, and luxury properties, it provides search tools, virtual tours, and market analytics for buyers, renters, and investors. Launched in 2007, the platform partners with Emaar Properties and Aldar for exclusive off-plan developments. Its mobile app supports Arabic and English interfaces, with recent additions of mortgage calculators and neighborhood guides enhancing user experience in the Gulf region.
-
HQ CountryUnited Arab EmiratesBahrainUnited Arab EmiratesUnited Arab Emirates
HQ City
Dubai
Manama
Dubai
-
Deal Date19 Jan 202216 Apr 20199 Apr 20198 Apr 2019
Valuationundisclosedundisclosedundisclosed$17M
EV/Revenue
EV/EBITDA

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Investments by Property Finder

Property Finder has invested in 3 companies to date.

Latest investment by Property Finder was on July 8th 2026. Property Finder invested in Keyper in their $11M Series A round.


Latest Investments by Property Finder

Keyper
Stake
Keyper
zingat.com
Description
Keyper is a digital platform for real estate investment management, automating portfolio monitoring, task workflows, and analytics for property investors. Users track performance metrics, maintenance requests, and financials across multifamily and commercial assets. Miami-based Keyper serves over 5,000 investors managing $2 billion in properties nationwide since 2021.
Stake is a digital real estate investment platform headquartered in Dubai, United Arab Emirates. The platform fractionalizes ownership in income-generating properties, enabling investments starting from $100. It focuses on UAE residential and commercial assets, offering quarterly rental yields and property appreciation. Regulated by Dubai's Virtual Assets Regulatory Authority, Stake serves retail investors across the Middle East with a mobile-first interface.
Keyper is a digital platform for real estate investment management, automating portfolio monitoring, task workflows, and analytics for property investors. Users track performance metrics, maintenance requests, and financials across multifamily and commercial assets. Miami-based Keyper serves over 5,000 investors managing $2 billion in properties nationwide since 2021.
Zingat.com is a Turkey-based real estate platform operated in partnership with REIDIN and Doğuş Group since 2015. It aggregates comprehensive property listings, market analytics, and pricing data from Istanbul, Ankara, and other major cities, connecting real estate professionals with buyers and sellers. Users access verified listings, neighborhood insights, mortgage calculators, and investment reports through its Istanbul-headquartered site.
HQ CountryUnited Arab EmiratesUnited Arab EmiratesUnited Arab EmiratesTurkey
HQ City
Dubai
Dubai
Dubai
Istanbul
Deal Date8 Jul 202617 Feb 202613 Nov 202519 Feb 2019
RoundSeries ASeries BStrategic investmentStrategic investment
Raised$11M$31Mundisclosed$12M
InvestorsDAR Ventures; Dubai Future District Fund; Abbey Road Investment Group; Arab National; Speedinvest; NeoVentures; Annex Investments; Ellington Properties; Middle East Venture Partners (MEVP)Emirates NBD; Wa’ed Ventures; STV; GFH Partners; Mubadala; Ellington Properties; Middle East Venture Partners (MEVP)--
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Property Finder Competitors

Property Finder competitors include listed companies like Rightmove and TX Group, and private ones like Roofstock, Pacaso, ZigBang and Bucketplace.

Public and private companies comparable to Property Finder
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RoofstockUnited StatesSan Francisco, CAPrivate--$1.9B-
PacasoUnited StatesSan Francisco, CAPrivate$330M-$1.5B4.5x
ZigBangSouth KoreaSeoulPrivate$80M-$2B25.4x
BucketplaceSouth KoreaSeoulPrivate$181M-$1.4B7.7x
RightmoveUnited KingdomUnited KingdomPublicly listed$571M$397M$4.9B8.2x
TX GroupSwitzerlandSwitzerlandPublicly listed$1.1B$310M$2B2.1x

Property Finder Public Comps

Property Finder is no longer listed, but its public comps include Ziff Davis, TX Group, Lime, Poly Property Services, TBO.com, Smartstop Self Storage, Intea Fastigheter, ACV Auctions, Visional and IWG.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Ziff Davis$1.5B$335M0.9x1.0x3.8x3.3x
TX Group$1.1B$310M2.1x2.1x7.2x8.1x
Lime$887M$87M2.2x-22.2x-
Poly Property Services$2.6B$354M0.1x0.1x0.8x0.8x
TBO.com$262M$41M6.7x5.2x43.2x34.3x
Smartstop Self Storage$281M$129M10.6x12.0x23.2x19.0x
Intea Fastigheter$159M$140M20.6x18.1x23.4x22.2x
ACV Auctions$760M($19M)2.3x2.1x(89.6x)24.8x

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Common questions about Property Finder

When was Property Finder founded?Property Finder was founded in 2005.
Where is Property Finder headquartered?Property Finder is headquartered in Dubai, UAE.
Is Property Finder publicly listed?No, Property Finder was acquired by BECO Capital and Mubadala in January 2026.
Who acquired Property Finder?Property Finder was acquired by BECO Capital and Mubadala in January 2026.
What is Property Finder's valuation?Property Finder was last valued at $2B in its undisclosed-stage round in September 2025.
How much funding has Property Finder raised?Property Finder has raised $667M across 4 funding rounds.
What was Property Finder's last funding round?Property Finder's last funding round was a $525M undisclosed-stage round in September 2025, led by Blackstone and Permira.
Who are Property Finder's investors?Property Finder's investors include VNV Global, Permira, Blackstone, General Atlantic, Endeavor Catalyst, Pegasus Capital, Vostok Ventures, Xplorer Capital and Bossa Invest.
What is Property Finder's revenue?Property Finder's latest recorded revenue is $117M (September 2025).
What is Property Finder's revenue multiple?Property Finder's latest valuation implies a 17.1x revenue multiple ($2B valuation on $117M of revenue).
Which companies are comparable to Property Finder?Companies comparable to Property Finder include Roofstock, Pacaso, ZigBang, Bucketplace, Rightmove and TX Group.
How many companies has Property Finder acquired?Property Finder has acquired 5 companies, including HomeValue, Bahrain Property World, Just Property, JRD Group and eSimsar.com.
What was the largest acquisition by Property Finder?The $17M acquisition of JRD Group in April 2019 is the largest acquisition Property Finder has made to date.
How many companies has Property Finder invested in?Property Finder has invested in 3 companies, including Keyper, Stake and zingat.com.
What was Property Finder's last investment?In July 2026, Property Finder invested in Keyper's $11M Series A alongside DAR Ventures, Dubai Future District Fund, Abbey Road Investment Group and 6 other investors.

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