Dubizzle: The parent company of Zameen buys a massive UAE firm, $1 billion IPO in sight

Pakistani-founded Dubizzle Group today snapped up Property Monitor, the UAE’s leading real-estate analytics service. The efforts come as an effort to integrate Property Monitor’s transaction data and valuation tools into the Bayut and dubizzle platforms.

Co-founded by Imran, Zeeshan and Haider Ali Khan and parent of Pakistan’s Zameen.com, the group is sharpening its pitch for a 2025 IPO targeting a $500 million to $1 billion valuation.

Acquisition Strengthens Data Capabilities

Property Monitor, used by over 7,700 agencies and developers, will bring its SaaS analytics suite and automated valuation models to Bayut and dubizzle, enabling premium subscriptions and targeted advertising offerings . The deal closed in early May 2025 represents Dubizzle’s third major acquisition in two years.

Dubizzle Regional Expansion

Back in February 2025, Dubizzle was in the news for the purchase of Hatla2ee, Egypt’s leading used-car marketplace, and the 2024 acquisition of Drive Arabia, an automotive-media portal . Each deal has added depth, broadening Dubizzle’s classifieds ecosystem across the GCC and North Africa .

Zameen.com: Deep Roots in Pakistan’s Property Market

Originally Emerging Markets Property Group, the company raised $200 million in late 2022 to fund growth across Bayut, dubizzle and Zameen.com, Pakistan’s top online property portal. Zameen.com, founded in 2006 by the Khan brothers, shares technology and strategy synergies with its sister platforms.

Dubizzle IPO Preparations Underway

Dubizzle Group has engaged Emirates NBD, Goldman Sachs, HSBC and Morgan Stanley to advise on its planned 2025 IPO . Bloomberg reported on April 25 that the group is sounding out equity investors in anticipation of a float that could raise up to $1 billion .

Market Reaction and Outlook

Adnan Fazli, a Middle East capital-markets specialist, says the Property Monitor acquisition cements Dubizzle’s competitive edge and adds critical scale . With Dubai property prices up over 70 percent in four years. Rival Property Finder’s non-deal roadshow likewise signals strong IPO momentum in the sector.

As Dubizzle integrates advanced analytics, a proven acquisitive strategy and global banking partners, it positions itself for a landmark listing that highlights Pakistani entrepreneurship on the UAE’s digital-marketplace stage.