Dubizzle Group, a major player in the digital classifieds sector, has acquired UAE-based real estate data platform Property Monitor. The acquisition comes at a time when Dubizzle is widely viewed as a strong contender for a potential IPO in the UAE.
This strategic move strengthens Dubizzle Group’s position in real estate technology, complementing its existing verticals such as Bayut and dubizzle. According to the company, the integration of Property Monitor will enhance its offering to developers and agencies by providing a more robust, data-driven user experience.
Property Monitor is known for its frequent market reports and automated property valuations, with a client base that includes real estate developers and agencies. It currently serves over 7,700 monthly users and plays an important role in offering insights into Dubai’s property market dynamics.
Described as a vital tool in the UAE’s real estate ecosystem, Property Monitor provides trusted data, analytics, and market intelligence. Dubizzle Group now aims to build on this foundation by introducing demand-side data, further increasing client engagement and product value.
“This acquisition unlocks new opportunities to enhance the value that Bayut and dubizzle deliver to real estate agents and developers, while reinforcing Dubizzle Group’s position as a leading destination for real estate classifieds in the UAE,” said Haider Ali Khan, CEO of Dubizzle Group – UAE.
This marks Dubizzle Group’s third acquisition in two years. In 2024, it acquired Hatla2ee, a prominent Egyptian platform for used and new vehicles, followed by the acquisition of Drive Arabia, a portal focused on automotive news, reviews, and comparisons.
Currently, Dubizzle Group’s platforms collectively attract 47 million visits and 15 million unique users each month. The UAE real estate services sector has seen increased consolidation activity, including Cushman & Wakefield’s acquisition of Dubai-based consultancy Core.
