Latest news with #DubizzleGroup
Zawya
2 days ago
- Business
- Zawya
Dubizzle's ‘Sell with AI' surpasses 100,000 listings
Dubai, UAE – dubizzle, the UAE's favourite classifieds platform and part of Dubizzle Group, has announced a major milestone for its revolutionary 'Sell with AI' feature, which has empowered over 50,000 users to create and publish close to 100,000 ads since its recent launch just one month ago. As the UAE pushes forward with its vision of becoming a digital-first economy, the milestone marks another step forward in dubizzle's continued commitment to leverage advanced technology to enhance convenience, trust and efficiency across the UAE's most trusted online marketplace, in line with the broader objectives of the Dubai Economic Agenda 'D33' to accelerate innovation, digital transformation and economic growth. dubizzle's continued innovation supports this agenda by helping shape a future where technology reduces friction, improves trust and brings communities closer together through smarter interactions. This achievement underscores a growing trend in user behavior: people want to move faster, transact smarter, and save time in a world where convenience is everything. In an age defined by speed and simplicity, 'Sell with AI' addresses a real need — giving users the ability to list items in seconds without the hassle of filling in every detail manually. Powered by artificial intelligence, the industry-first feature allows users to list items — from electronics and furniture to fashion and more — in just a few clicks. By simply uploading a photo, the system automatically generates a title, description, category and price suggestion, dramatically simplifying the listing process. Commenting on this milestone, Haider Khan, CEO of dubizzle and Dubizzle Group MENA and Board Member of the Dubai Chamber of Digital Economy, said: 'Artificial intelligence must go beyond novelty — it must be meaningful, practical and sustainable to truly serve people. With 'Sell with AI', we've taken a purposeful step in that direction. This is not just about speeding up a process; it's about reimagining how technology can simplify everyday transactions and reduce friction in people's lives. As a platform at the heart of digital commerce in the UAE, we are proud to align with the national vision of building a smarter and more connected future. Our aim is to continuously develop intelligent tools that not only reflect innovation, but also deliver real, lasting value to users. 'Sell with AI' is just the beginning — we will continue to build and refine solutions that make digital participation more accessible, intuitive and impactful for everyone.' The rapid adoption of this tool also signals a cultural shift in how people interact with digital platforms. Listing an item for sale used to be time-consuming. Today, users expect that technology will do the heavy lifting and with tools like 'Sell with AI,' dubizzle is delivering just that. As the UAE continues to invest in emerging technologies, dubizzle remains at the forefront of digital transformation, creating intuitive, AI-powered tools that empower users and reshape the future of peer-to-peer commerce. For more information on dubizzle's new AI-powered ad posting tool, visit About dubizzle: dubizzle, the well-known online classifieds giant in the UAE, is an integral part of homegrown unicorn, Dubizzle Group Holdings Limited. As the UAE's largest classifieds site, dubizzle plays a pivotal role in connecting buyers and sellers across diverse categories such as properties, cars, jobs, and various goods. The user-friendly platform, coupled with innovative features, has solidified dubizzle as the go-to destination for both buyers and sellers to effortlessly connect and transact. dubizzle takes pride in the unwavering commitment to values of transparency, authenticity and consumer protection, positioning dubizzle as a preeminent platform for ethical online commerce in the UAE.
The National
08-05-2025
- Business
- The National
Dubizzle reaches 500,000 verified users to mark major milestone in platform trust and engagement
Dubizzle, the UAE's favourite classifieds platform and part of Dubizzle Group, announced a major milestone in its journey toward building a safer and more transparent digital marketplace: the platform has officially exceeded 500,000 verified users. This achievement reflects dubizzle's continued commitment to providing a trusted, user-first experience across its platform. By prioritising safety, transparency and accountability through its user verification system, dubizzle has strengthened its position as the most reliable digital destination for buying, selling and connecting across a range of categories, including classifieds, cars, property and jobs. "Crossing half a million verified users isn't just a milestone - it's proof that trust and transparency matter. We've built dubizzle to be a platform where users feel confident and in control, and verification plays a huge part in that," Haider Ali Khan, chief executive of dubizzle and chief executive of Dubizzle Group Mena. "It's not just about safety—it's about creating smarter, more meaningful interactions for everyone who uses our ecosystem." As the platform continues to expand, dubizzle remains steadfast in its commitment to innovation, user empowerment and marketplace transparency. Most recently, dubizzle launched 'Sell with AI', an advanced AI-powered tool that simplifies ad posting while elevating user convenience and trust. By enhancing ad quality, streamlining moderation, and accelerating approvals, this feature is designed to boost user satisfaction and long-term engagement. With innovation at the heart of its mission, dubizzle continues to solidify its position as the UAE's go-to platform for trusted, seamless classifieds experiences.
The National
08-05-2025
- Business
- The National
dubizzle reaches 500,000 verified users, marking a major milestone in platform trust and engagement
dubizzle, the UAE's favourite classifieds platform and part of Dubizzle Group, announced a major milestone in its journey toward building a safer and more transparent digital marketplace: the platform has officially surpassed 500,000 verified users. This achievement reflects dubizzle's continued commitment to providing a trusted, user-first experience across its platform. By prioritising safety, transparency and accountability through its user verification system, dubizzle has strengthened its position as the most reliable digital destination for buying, selling and connecting across a range of categories including classifieds, cars, property and jobs. "Crossing half a million verified users isn't just a milestone—it's proof that trust and transparency matter. We've built dubizzle to be a platform where users feel confident and in control, and verification plays a huge part in that. It's not just about safety—it's about creating smarter, more meaningful interactions for everyone who uses our ecosystem," said Haider Ali Khan, CEO of dubizzle and CEO of Dubizzle Group MENA. As the platform continues to expand, dubizzle remains steadfast in its commitment to innovation, user empowerment and marketplace transparency. Most recently, dubizzle launched 'Sell with AI', an advanced AI-powered tool that simplifies the ad-posting process while elevating user convenience and trust. By enhancing ad quality, streamlining moderation, and accelerating approvals, this feature is designed to boost user satisfaction and long-term engagement. With innovation at the heart of its mission, dubizzle continues to solidify its position as the UAE's go-to platform for trusted, seamless classifieds experiences.
Business Recorder
05-05-2025
- Automotive
- Business Recorder
What Pakistani-founded Dubizzle Group's recent acquisitions mean for potential UAE IPO
Pakistani-founded, Dubai-based Dubizzle Group - an online marketplace giant whose well-known brands include the property website Bayut and the buying and selling platform dubizzle - recently acquired Property Monitor. The move comes amid buzz of an initial public offering (IPO) in the UAE that could be valued between $500 million and $1 billion. The group was founded by Pakistani brothers Imran and Zeeshan Ali Khan. They co-founded real estate portal in 2006, which later evolved into the Dubizzle Group and which also includes online marketplace OLX Pakistan. A third brother, Haider, joined the venture in 2014. In 2022 the group raised $200 million in a funding round led by US-based Affinity Partners. According to a statement announcing the acquisition, Property Monitor - which offers real estate data, analytics and insights - achieved revenue CAGR of 55% from 2022 to 2024 and attracts more than 7,700 monthly users, primarily real estate agencies and property developers. The idea is that this data will make Dubizzle Group's own offerings more attractive. 'As a trusted and respected brand in the UAE, Property Monitor complements our market-leading platforms Bayut and dubizzle,' the statement quoted Haider, who is CEO of Dubizzle Group – UAE, as saying. Haider added in the statement that the recent move 'reflects our broader strategy of targeted acquisitions that strengthen our ability to deliver an exceptional user experience across the region's real estate and automotive sectors.' The announcement marks Dubizzle Group's third acquisition in two years, 'building on continued expansion in the digital marketplace space in the MENA region.' In February this year, it completed the acquisition of Hatla2ee, a marketplace in Egypt for used and new cars. Last year, it acquired Drive Arabia - a source for automotive news, reviews and car comparisons in the Middle East - to broaden its offering for car buyers and its advertising capability for automotive manufacturers. The group said the acquisition of Property Monitor reflects its strategic approach to M&A – targeting complementary businesses in the MENA region. But that's not all. 'This, and other acquisitions, once integrated, should also help in presenting a robust equity story and track record to potential investors for an eventual IPO,' Adnan Fazli, Middle East Capital Market specialist, told Business Recorder. 'The transaction represents acquisitive growth to help establish competitive advantage in the real estate sector and provide scale to the business,' he added. Meanwhile George Pavel, general manager at trading platform Middle East, said that the acquisition 'is particularly relevant given Dubizzle Group's widely reported IPO plans for 2025.' 'Incorporating Property Monitor enhances Dubizzle's financial profile and growth narrative. This could position the group more firmly as a data-centric technology leader, potentially justifying a higher valuation in its anticipated public offering,' he told Business Recorder. 'A key objective is to merge Property Monitor's comprehensive transaction and supply-side data with the extensive user demand insights derived from Dubizzle's classifieds platforms. This synergy could increase the value delivered to clients like real estate agencies and developers.' he added. The IPO buzz In October 2024 it was reported that Dubizzle Group had mandated Emirates NBD, Goldman Sachs, HSBC and Morgan Stanley for an IPO expected to take place this year. More recently, on April 25 2025, Bloomberg reported that the group is 'sounding out equity investors over the coming weeks and is set to meet investors ahead of a potential IPO', citing people familiar with the matter, who also said the company has been planning a floatation since 2023, and has previously done similar rounds of outreach. Details such as its size and timing are still under discussion, though some of the people said it could raise at least $500 million from a listing, Bloomberg said, adding that representatives for Dubizzle declined to comment. Previous reports have said the valuation could go as high as $1 billion. Meanwhile, the report cited people familiar as saying that competing online portal Property Finder has also been sounding out equity investors on a so-called 'non-deal roadshow'. Property Finder's investor meetings are also laying the groundwork for an eventual IPO, they said. 'The investor push comes amid the continued strength of Dubai's real estate market, where property prices have risen more than 70% in the past four years,' Bloomberg said. Dubai Holding, an investment vehicle owned by the emirate's ruler, is also weighing a listing of two separate real estate portfolios to capitalize on this boom, it added. Meanwhile, stock markets in the UAE are expected to receive between six to eight IPOs this year, with companies raising up to $10 billion amid strong investor appetite, the chief executive of Emirates NBD Capital said in March. Copyright Business Recorder, 2025
Wamda
16-04-2025
- Business
- Wamda
Dubizzle expands real estate intelligence capabilities with Property Monitor acquisition
Dubai-based online classifieds platform Dubizzle Group has acquired Property Monitor, a UAE-based proptech, for an undisclosed value. Founded in 2005 by J.C. Butler and Sim Whatley, Dubizzle is behind classified platforms such as dubizzle, Bayut and Drive Arabia. Meanwhile, Property Monitor, founded in 2014, is a real estate data analytics and market intelligence platform that provides property valuations to market players. Acquisition supports Dubizzle Group's strategy by broadening its product offering and enhancing the value that Bayut & dubizzle deliver to its real estate agency and developer clients. In February, Dubizzle acquired the Egyptian online car marketplace, Hatla2ee, in an undisclosed deal value. Press release: Dubizzle Group, the MENA region's premier digital marketplace group, announces today the acquisition of Property Monitor, a leading real-estate market intelligence platform in the UAE. The acquisition of Property Monitor reinforces Dubizzle Group's leadership in real estate classifieds and technology through a portfolio of market-leading brands, including Bayut and dubizzle. Integrating Property Monitor into Dubizzle Group's real estate offering enhances the value proposition for agencies and developers by delivering a more comprehensive and data-rich user experience. As one of the leading market intelligence providers in the UAE, Property Monitor enables key industry players to make data-driven decisions through PMiQ, its SaaS-based platform, and other products, including API integration, market reports and automated valuations. With a premier client base which includes the UAE's leading real estate agencies and developers, it has established itself as a critical tool within the UAE real estate ecosystem for property data, analytics and insights. Dubizzle Group plans to enhance Property Monitor's product suite by incorporating demand-side data, creating avenues for deeper client engagement. Property Monitor achieved a revenue CAGR of 55% from 2022 to 2024 and attracts more than 7,700 monthly users, primarily real estate agencies and property developers. 'We are delighted to welcome Property Monitor to the Dubizzle Group real estate portfolio. As a trusted and respected brand in the UAE, Property Monitor complements our market-leading platforms Bayut and dubizzle. 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. It also reflects our broader strategy of targeted acquisitions that strengthen our ability to deliver an exceptional user experience across the region's real estate and automotive sectors," said Haider Ali Khan, CEO of Dubizzle Group – UAE. The announcement marks Dubizzle Group's third acquisition in two years, building on continued expansion in the digital marketplace space in the MENA region. In 2024, Dubizzle Group acquired Hatla2ee, a leading marketplace in Egypt for used and new cars. The Group also acquired Drive Arabia, a leading source for automotive news, reviews and car comparisons in the Middle East, to broaden its offering for car buyers and its advertising capability for automotive manufacturers. The acquisition of Property Monitor reflects Dubizzle Group's strategic approach to M&A—targeting complementary businesses in the MENA region that strengthen the Group's position within the real estate and automotive ecosystem, deepen the overall product offering and enhance the experience for users and clients. Dubizzle Group's flagship platforms—dubizzle and Bayut—are market leaders across the UAE, Saudi Arabia, and Egypt, with a strong presence in several other MENA countries. With over 47 million monthly visits and 15 million monthly users, Dubizzle Group's portals are the region's go-to destinations for online classifieds.
