Dubizzle Group Acquires Property Monitor

Dubizzle Group has strengthened its presence in the UAE’s real estate ecosystem with the acquisition of property data and analytics firm Property Monitor.

Property Monitor, known for its SaaS-based 'PMiQ' platform and automated valuation tools, has become a key player among agencies, developers, brokerages and property companies, and the platform currently serves over 7,700 monthly users.

The deal adds to Dubizzle Group’s growing real estate portfolio, which includes market leaders Bayut and dubizzle. The integration of Property Monitor is expected to enhance the group’s value proposition by enriching its offering with transaction-side data and analytics capabilities.

Haider Ali Khan, CEO of Dubizzle Group UAE, said:

"We are delighted to welcome Property Monitor to the Dubizzle Group real estate portfolio.

"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.”

Between 2022 and 2024, Property Monitor achieved a 55% compound annual growth rate in revenue. Dubizzle Group says it plans to further develop its product suite by adding demand-side insights to complement existing tools like market reports, API integrations and automated valuations.

Dubizzle Group is preparing to float on the stock market, with an IPO earmarked for this year. According to the Gulf-focused newspaper, Zawya, Dubizzle Group has also mandated Emirates NBD, Goldman Sachs, HSBC, and Morgan Stanley to facilitate a deal worth between $500 million and $1 billion.