Dubizzle Group Eyes 2025 Landmark IPO on Dubai Financial Market

Editorial Team

Last updated 13-10-2025

3 min

Dubizzle Group plans to go public, offering 30,34% of its shares on the market.

Trading is expected to begin around 6 November 2025, following the IPO subscription period.

Prosus N,V, shows confidence with an additional US$100 million investment in the offering.

The IPO aims to broaden Dubizzle’s shareholder base and accelerate its growth trajectory.

The IPO complies with Islamic finance principles, with major banks coordinating the process.

It looks like Dubizzle Group is gearing up for a big moment on the Dubai Financial Market. The company—known for its popular platforms Dubizzle and Bayut—has officially announced plans to go public, offering around 30.34% of its shares through an initial public offering (IPO). If all stays on track, trading should kick off around 6 November 2025.

For those who’ve been around the UAE’s digital scene for a while, Dubizzle is practically a household name. Whether it’s finding a flat in Dubai Marina or a used car in Sharjah, most of us have had a browse through their pages at some point. I remember back when Dubizzle listings were a bit barebones—now it’s this sleek ecosystem connecting millions across property, autos, and general classifieds. Funny how fast things evolve when the region’s tech appetite grows, isn’t it?

According to the announcement, the IPO will include both new and existing shares, with 3% going to UAE retail investors and 97% allocated for institutional buyers. The final price will be set through a book-building process once subscriptions open on 23 October 2025 and close on the 29th. I reckon retail investors will keep a close eye on how that price shapes up given the buzz around the company’s scale.

There’s a notable show of confidence from Prosus N.V.—Dubizzle’s largest shareholder via OLX B.V.—which is pitching in another US$100 million as part of the offering. Prosus first backed Dubizzle in 2011 and, since then, has watched it grow into what many now see as the MENA region’s leading classifieds platform. Prosus’s head of investment, Fahd Beg, said the IPO reflects the “vision and execution” of Dubizzle’s leadership team—spot on, considering the company’s deep reach in real estate and automotive segments.

Imran Ali Khan, Dubizzle Group’s CEO, mentioned that their platforms now attract about 18 million monthly users across the region—many of them looking for homes, motors, or just decluttering their garages. He framed the IPO as a “new chapter” that opens the company up to a broader shareholder base and helps accelerate growth. That said, IPOs in volatile markets can be a bit of a faff, so timing will be everything here.

On the practical side, several heavyweights—Goldman Sachs, HSBC, Morgan Stanley, and Emirates NBD among them—have lined up as joint coordinators and bookrunners. Locally, xCube LLC is being appointed for stabilisation and liquidity management post-listing, which should help keep the share price steady in those first critical weeks.

The offering, by the way, has been confirmed by Emirates NBD’s Internal Shariah Supervision Committee as compliant with Islamic finance principles—something investors in the region increasingly care about.

It’s always heartening to see another MENA-born tech brand step confidently into public markets. From Arageek’s perspective—where we spend so much time talking to founders dreaming of scale—stories like this one show it’s possible to leap from startup hustle to headline-listed success. And believe it or not, the more homegrown heroes like Dubizzle go public, the more momentum the whole ecosystem gains. Here’s hoping the listing delivers what they promise and, well… doesn’t get bogged down in too much IPO drama.

Personally, I’m chuffed to bits to see a platform so ingrained in daily life take this step; it’s a genuine milestone for regional tech and, hopefully, a sign of many more to come.

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