Property Finder Secures $250 Million From Ares for AI & MENA Growth
Ares Credit funds back Dubai-based Property Finder with $250 million to scale AI, marketing and MENA expansion, alongside recent investments from Permira and Blackstone.
Dubai-based PropTech company Property Finder has secured a $250 million financing commitment from Ares Credit Funds, aimed at boosting its artificial-intelligence platforms, product development and regional expansion across the Middle East and North Africa. The funding underlines Property Finder’s strong performance, having achieved a 40 % compound annual revenue growth from 2020 to 2024. Its core UAE real-estate revenue increased from approximately $30 million in 2021 to $117 million in 2024, while maintaining an enterprise EBITDA margin above 60%. The capital will support enhancements to Property Finder’s one-tech-stack platform, enabling faster deployment of AI-driven solutions for property search, market analytics and digital marketing. The company emphasised that this strategy responds to increased demand for technology-enabled real-estate services across the GCC and North Africa.
