Property Finder Secures $170M to Bolster MENA PropTech Influence

Mohammed Fathy

Last updated 28-01-2026

2 min

Property Finder raised $170m, showing the region’s property tech scene remains resilient.

Mubadala and another UAE sovereign fund led, with BECO Capital adding $20m.

The money will “strengthen the platform”, simplify searches and boost agent productivity.

A prior $525m stake sale already marked it as one of the region’s top tech players.

Investors see this round as refinement, not “growth for growth’s sake”.

Property Finder has pulled in a hefty $170 million investment round, a move that underlines just how hot the region’s property tech scene still is, even when markets elsewhere feel a bit wobbly. The round is led by Mubadala alongside another UAE sovereign fund, with BECO Capital also coming in. No small feat, honestly.

Under the deal, Mubadala and the second sovereign investor are each committing $75 million, while BECO Capital is putting $20 million to work through its Growth Fund I. The Dubai-based company, best known for its property search engine serving renters and buyers, says the fresh capital will be channelled into strengthening its platform across the region, simplifying the property hunt and lifting agent productivity—the nuts and bolts of what makes listings actually useful.

That said, this isn’t Property Finder’s first brush with big cheques. Back in September, the company sold a minority stake for $525 million to Permira and Blackstone, a transaction that raised a few eyebrows at the time and firmly positioned the business among the region’s most valuable tech players. On the flip side, successive large rounds also mean higher expectations, and I reckon that’s where execution really matters.

The platform itself has been around since 2007, founded by Michael Lahyani and Renan Bourdeau, and has grown alongside Dubai’s ever-evolving real estate market. Anyone who has tried finding a flat here knows the process can be a bit of a faff, so tools that genuinely cut through the noise are spot on. I still remember early Arageek meet-ups where founders swapped war stories about property searches gone wrong—well… I mean, half the room had one.

Believe it or not, what stands out this time is BECO’s continued focus on later-stage growth plays, rather than early bets, signalling confidence in Property Finder’s ability to keep scaling without losing focus. I’m not a fan of growth for growth’s sake, but this round looks definately aimed at refinement rather than reckless expansion, which should leave the company—and the wider ecosystem—chuffed to bits if it delivers.

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