DUBAI, UNITED ARAB EMIRATES, 21 October 2025: Property Finder, the MENA region’s leading property platform, announced today that it has entered into an agreement with Ares Credit funds (“Ares”) in connection with a $250 million debt financing commitment.

“This financing marks another important milestone in our journey to build the region’s most trusted and intelligent property platform,” said Michael Lahyani, Founder and Chief Executive Officer of Property Finder. “The support of world-class financial partners underlines the strength of our business and the scale of the opportunity ahead. This transaction allows us to accelerate our growth in the region through investments in product innovation, AI-driven solutions, marketing & branding and strategic partnerships.”

“We are pleased to support Property Finder as it enters its exciting next chapter of strategic growth,” said Michael Dennis, Partner and Co-Head of European Credit at Ares. “Property Finder has built a category-leading business with a demonstrable track record of execution, profitability, and innovation under the leadership of strong management. We look forward to working closely with Michael and his team, as well as Property Finder’s other investors, as they continue building out a differentiated offering.”

Property Finder is the largest property portal in the MENA region by revenue^[1], and has delivered consistently strong financial performance across its markets, with a 40%+ group revenue CAGR from 2020–2024. In the UAE alone, the company’s core real estate revenues grew from $30 million in 2021 to $117 million in 2024, and $73 million in 1H 2025^[2], while UAE EBITDA margin expanded to above 60% in 1H 2025^[3]. This track record reflects the scalability and efficiency of Property Finder´s one-brand, one-tech-stack model, and its ability to generate superior ROI for its customers.

The transaction follows recent strategic investments fromPermira and Blackstone, and underscores global investor confidence in Property Finder´s leadership and growth potential, as well as the UAE’s dynamic technology ecosystem.

Axis Arbor Partners (London) acted as the exclusive debt advisor to Property Finder.

^[1] Based on reported real estate revenue in 2024 and 1H 2025. Excludes revenue from Mortgage Finder

^[2] Revenue includes all UAE listing related revenue, and excludes revenue from Mortgage Finder

^[3] UAE EBITDA includes UAE revenue and associated costs, to provide a view on the profitability of the UAE business