Dubizzle Group Strengthens Real Estate Arm with Property Monitor Acquisition

Deal News | Apr 16, 2025 | Aim Group

UAE-based Dubizzle Group has announced its acquisition of Dubai-founded Property Monitor, a SaaS platform offering extensive market intelligence reports designed to assist stakeholders such as buyers, sellers, and investors in making informed decisions. Property Monitor boasts a suite of tools including API integration, automated valuations, and risk analysis. Averaging over 7,700 monthly users predominantly from real estate agencies and developers, Property Monitor has experienced a notable revenue CAGR of 55% between 2022 and 2024. Dubizzle Group views this acquisition as an enhancement of its current market-leading platforms, such as Bayut and Dubizzle, offering greater value to real estate agents and developers. This acquisition follows two previous expansions in recent years, with Drive Arabia acquired in 2024 and Hatla2ee earlier this year, highlighting Dubizzle Group's strategic growth in the real estate market and beyond. The group now oversees seven marketplace brands, employs over 2,400 employees across 10 countries, and receives over 47 million monthly visitors.

Sectors

  • Real Estate
  • SaaS (Software as a Service)
  • Classifieds

Geography

  • United Arab Emirates – The article is primarily focused on companies based in the UAE: Dubizzle Group and Property Monitor.

Industry

  • Real Estate – This industry classification is relevant as the article discusses Dubizzle Group's acquisition of Property Monitor, a company specializing in real estate market intelligence.
  • SaaS (Software as a Service) – Property Monitor operates as a SaaS-based platform, providing tools like API integration and automated valuations, thereby fitting the SaaS industry.
  • Classifieds – Dubizzle Group is known for its classifieds platform, covering real estate among other sectors.

Financials

  • 55% – Property Monitor's revenue CAGR between 2022 and 2024.

Participants

NameRoleTypeDescription
Dubizzle GroupAcquirerCompanyA leading classifieds platform in the UAE encompassing various sectors including real estate.
Property MonitorTargetCompanyA SaaS platform providing real estate market intelligence and analysis.
Haider Ali KhanCEOPersonCEO of Dubizzle Group, driving its strategic acquisitions and growth in the market.