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Dubai-based real estate classifieds website ‘Property Finder’ raises $120 million at a valuation close to $500 million

August 31, 2021

Dubai-based real estate classifieds website Property Finder has raised $120 million in a round led by General Atlantic, a New York-headquartered global private equity firm, Reuters reported today. It is one of the largest investment rounds raised by a technology company based in MENA. The firm has acquired a minority stake according to Reuters. The […]

Dubai’s Property Finder invests ~$12 million in Turkish property portal Zingat to increase its stake to 37% in the company

Dubai-based Property Finder has invested about $12 million (65 million Turkish Lira) in form of a capital increase in Zingat, one of the leading Turkish property portal, Zingat announced last week, adding that Property Finder now owns 36.65% of Zingat, which makes it the largest shareholder in the company. Property Finder had made its first […]

DLD, Property Finder launch Dubai House Price Index

August 26, 2021

Dubai Land Department (DLD) and Property Finder have signed a memorandum of understanding (MoU) for the launch of Dubai’s first official sales and rental price index. The collaboration will create an index called ‘Mo’asher,’ which translates to index in Arabic. The first edition of the index will be unveiled during the third week of September […]