Property Finder secures $170m to deepen Gulf expansion

Property Finder has raised $170 million in fresh capital from Mubadala Investment Company alongside other UAE sovereign-backed investors, a funding round that underscores sustained confidence in the region’s digital property platforms amid shifting real estate cycles.

The Dubai-headquartered company said the investment will be used to simplify the home-search experience, improve productivity tools for brokers and developers, and reinforce data accuracy, trust and transparency across listings. The round values Property Finder as one of the Middle East’s most well-capitalised property technology firms, at a time when transaction volumes in several Gulf markets remain uneven but structurally supported by population growth and policy reforms.

Founded in 2007, Property Finder operates leading online property marketplaces in the UAE, Saudi Arabia, Egypt, Bahrain, Qatar and Türkiye. It connects buyers, tenants, brokers and developers through a listings-driven platform that has become a core channel for residential and commercial searches in the region. Company executives said the new capital will be channelled primarily into product development, artificial intelligence-led search and verification tools, and deeper partnerships with agents and developers.

The funding marks a fresh vote of confidence in Property Finder’s regional growth strategy, as the company seeks to consolidate its market position while responding to rising expectations from users and regulators on accuracy and disclosure. Senior executives said a key focus will be reducing duplicated or misleading listings and improving price discovery, issues that have drawn increasing scrutiny across major Gulf cities.

Mubadala’s participation reinforces a broader pattern of sovereign-backed investors backing technology platforms tied to essential sectors such as housing, logistics and payments. For Property Finder, the support brings both capital and institutional credibility as it competes with global and regional rivals in an increasingly crowded proptech landscape.

The investment comes as Gulf real estate markets diverge in performance. Dubai continues to see high levels of developer launches and international investor interest, while Riyadh and Jeddah are being reshaped by large-scale urban projects and regulatory changes linked to Saudi Arabia’s Vision 2030 programme. Egypt’s property market, by contrast, faces affordability pressures tied to currency volatility and financing costs, increasing the importance of transparent pricing and reliable data for buyers.

Property Finder’s leadership said the company plans to expand machine-learning models that rank listings by relevance and quality rather than volume, a shift intended to reward professional brokers and developers who provide verified information. Enhancing agent productivity through analytics, lead-management tools and performance insights is also a stated priority, as brokerages seek efficiency gains in a more competitive environment.

Industry analysts note that the funding round reflects a maturing phase for Middle East proptech, moving beyond rapid user growth toward monetisation, compliance and long-term sustainability. Platforms are increasingly expected to play a role in standardising market practices, particularly as governments tighten rules around advertising, escrow and off-plan sales.

For Mubadala and other sovereign-linked investors, exposure to digital property infrastructure offers a way to benefit from long-term urbanisation trends without direct exposure to cyclical development risk. Online marketplaces generate recurring revenue from subscriptions, advertising and data services, while remaining asset-light compared with traditional real estate businesses.

Property Finder has previously attracted backing from a mix of global private equity and regional institutional investors, allowing it to scale across multiple jurisdictions and weather periods of market slowdown. The company said it remains focused on disciplined growth and has no immediate plans to pursue a public listing, preferring to invest in technology and regional depth.