Dubizzle Group Acquires UAE Real Estate Data Leader Property Monitor – Business – Corporate

Dubizzle Group (“Dubizzle” or the “Group”), the MENA area’s premier digital market group, at this time broadcasts the acquisition of Property Monitor, a number one real-estate market intelligence platform within the UAE. 

The acquisition of Property Monitor reinforces Dubizzle Group’s management in actual property classifieds and expertise by means of a portfolio of market-leading manufacturers, together with Bayut and dubizzle. Integrating Property Monitor into Dubizzle Group’s actual property providing enhances the worth proposition for businesses and builders by delivering a extra complete and data-rich person expertise. 

As one of many main market intelligence suppliers within the UAE, Property Monitor allows key trade gamers to make data-driven selections by means of PMiQ, its SaaS-based platform, and different merchandise together with APIs integration, market studies and automatic valuations. With a premier consumer base which incorporates the UAE’s main actual property businesses and builders, it has established itself as a important instrument throughout the UAE actual property ecosystem for property knowledge, analytics and insights. Dubizzle Group plans to reinforce Property Monitor’s product suite by incorporating demand-side knowledge, creating avenues for deeper consumer engagement.

Property Monitor achieved income CAGR  of 55% from 2022 to 2024 and attracts greater than 7,700 month-to-month customers, primarily actual property businesses and property builders. 

“We’re delighted to welcome Property Monitor to the Dubizzle Group actual property portfolio. As a trusted and revered model within the UAE, Property Monitor enhances our market-leading platforms Bayut and dubizzle. This acquisition unlocks new alternatives to reinforce the worth that Bayut and dubizzle ship to actual property brokers and builders, whereas reinforcing Dubizzle Group’s place as a number one vacation spot for actual property classifieds within the UAE. It additionally displays our broader technique of focused acquisitions that strengthen our potential to ship an distinctive person expertise throughout the area’s actual property and automotive sectors,” mentioned Haider Ali Khan, CEO of Dubizzle Group – UAE.

The announcement marks Dubizzle Group’s third acquisition in two years, constructing on continued enlargement within the digital market house within the MENA area. In 2024, Dubizzle Group acquired Hatla2ee, a number one market in Egypt for used and new automobiles. The Group additionally acquired Drive Arabia, a number one supply for automotive information, critiques and automobile comparisons within the Center East to broaden its providing for automobile consumers and its promoting functionality for automotive producers. 

The acquisition of Property Monitor displays Dubizzle Group’s strategic strategy to M&A—concentrating on complementary companies within the MENA area that strengthen the Group’s place inside the actual property and automotive ecosystem, deepen the general product providing and improve the expertise for customers and purchasers.

Dubizzle Group’s flagship platforms—dubizzle and Bayut—are market leaders throughout the UAE, Saudi Arabia, and Egypt, with a robust presence in a number of different MENA nations. With over 47 million month-to-month visits and 15 million month-to-month customers, Dubizzle Group’s portals are the area’s go-to locations for on-line classifieds.

 

Leave a Reply

Your email address will not be published. Required fields are marked *