Property Finder, the leading real estate classifieds platform in the Middle East, announced that Permira and Blackstone Inc. are acquiring a $525 million minority stake in the company. The deal, subject to regulatory approvals, marks Permira’s first investment in the Middle East and underscores continued global investor appetite for Dubai’s real estate sector.
As part of the transaction, General Atlantic, an early investor since 2018, has partially exited but will remain a significant minority shareholder. The addition of Permira and Blackstone alongside General Atlantic provides Property Finder with access to the global expertise and resources of three of the world’s most influential private equity firms.
Founded nearly two decades ago, Property Finder is one of the region’s largest real estate classifieds platforms, competing with rivals such as Dubizzle and Bayut. The platform has grown its footprint across MENA and is targeting expansion in Saudi Arabia and Turkey.
This transaction follows Property Finder’s recent $90 million debt financing from Francisco Partners in 2024, which supported the company’s buyout of its first institutional investor. With the backing of Permira, Blackstone, and General Atlantic, the company is poised to accelerate its growth trajectory.
Dubai has experienced a strong property market boom in recent years, fuelled by foreign investment and government-led reforms. Despite recent forecasts suggesting potential price corrections, the deal highlights long-term investor confidence in the region’s real estate technology sector.
