Dubizzle Group, the MENA region’s leading digital classifieds marketplace, has posted impressive profitability and growth in its largest market, the UAE, as it prepares for its upcoming Dubai Financial Market (DFM) IPO, set for November 6, 2025, pending regulatory approval.
Through its flagship platforms, dubizzle and Bayut, Dubizzle Group has maintained a dominant position in the UAE’s real estate and autos classifieds sectors. These platforms have become integral to daily life in the Emirates, connecting millions of users with property agencies, developers, and car dealerships via a high-engagement digital ecosystem that benefits both consumers and businesses alike.
Dubizzle’s Strong Financial Results for H1 2025
- Adjusted revenue in the UAE for H1 2025: $105 million, representing 89% of Dubizzle Group’s total adjusted revenue.
- Adjusted EBITDA in the UAE: $48 million, with an impressive 46% margin, up from $25 million (31% margin) in H1 2024.
- Adjusted net profit: $43 million (41% margin), a substantial increase from $21 million (26% margin) in the same period last year. This growth was fueled by disciplined cost control, scalable infrastructure, and a robust 85% adjusted free cash flow conversion.
Exceptional Profitability
Imran Ali Khan, CEO of Dubizzle Group, commented: “Our UAE business continues to generate exceptional profitability, with nearly 50% profit margins and 85% cash-flow conversion. As an asset-light company, growth now directly translates into solid EBITDA.”
IPO and Investment Plans
Prosus N.V., Dubizzle Group’s largest shareholder, has confirmed an investment of $100 million in the IPO, signaling strong confidence in the company’s growth trajectory and leadership position in the UAE and broader MENA region.
Dubizzle Group sees its forthcoming DFM listing as a crucial milestone in its ongoing expansion strategy, further cementing Dubai’s role as a regional hub for technology-driven investment and innovation.
