
Property Finder has secured a $250 million debt financing commitment from Ares Credit funds to accelerate its next phase of growth. The announcement comes just over a month on from news of the private equity funds Permira and Blackstone's $525 million investment in the Dubai-based portal operator.
“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 CEO 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.”
Property Finder operates real estate verticals in its native Emirati market as well as in Qatar, Bahrain, Egypt and Saudi Arabia. From 2020 to 2024, the group reportedly achieved over 40% compound annual revenue growth, while its UAE revenues grew from $30 million in 2021 to $117 million in 2024, and $73 million in the first half of 2025. The company also reported an EBITDA margin above 60% in the UAE in the first half of 2025.
“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.”