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Home » Property Finder Raises $250 Million to Fuel AI and MENA Expansion

Property Finder Raises $250 Million to Fuel AI and MENA Expansion

Property Finder, widely recognized as the leading property platform in the MENA region, has successfully secured $250 million in financing from Ares Credit funds. This significant investment is poised to propel the company’s ambitions in artificial intelligence and regional expansion, illustrating strong confidence from major global investors in Property Finder’s potential.

Property Finder’s Growth Trajectory

Michael Lahyani, the Founder and CEO of Property Finder, remarked, “This financing marks another important milestone in our journey to build the region’s most trusted and intelligent property platform.” This capital injection will enable the company to fuel its growth through advancements in product innovation, AI-driven solutions, enhanced marketing efforts, and strategic partnerships.

He added, “The support of world-class financial partners underlines the strength of our business and the scale of the opportunity ahead.” With this funding, Property Finder seeks not only to solidify its current market position but also to expand its footprint across the MENA region.

Michael Dennis, Partner and Co-Head of European Credit at Ares, expressed enthusiasm regarding the partnership: “We are pleased to support Property Finder as it enters its exciting next chapter of strategic growth. Property Finder has built a category-leading business with a demonstrable track record of execution, profitability, and innovation under the leadership of strong management.”

Sustained Financial Performance

As the largest property portal in the MENA region by revenue, Property Finder has consistently showcased strong financial performance. The company’s group revenue demonstrated a robust compound annual growth rate (CAGR) of over 40% from 2020 to 2024.

In the UAE, its real estate revenues surged from $30 million (AED 110.19 million) in 2021 to $117 million (AED 429.09 million) by 2024, with an impressive $73 million (AED 267.98 million) generated in just the first half of 2025. Additionally, the company’s EBITDA margin in the UAE rose above 60% during this time, highlighting the effectiveness and scalability of Property Finder’s one-brand, one-tech-stack model, which is designed to deliver superior returns on investment for its clients.

Investors’ Confidence and International Reach

The recent financing from Ares follows strategic investments from notable firms such as Permira and Blackstone, which underscores the confidence that global investors have in Property Finder’s leadership and long-term growth trajectory. This financial backing not only reinforces investor trust but also exemplifies the UAE’s vibrant technology ecosystem, which continues to draw substantial international interest in high-growth digital platforms.

By securing this $250 million financing from Ares, Property Finder is well-equipped to accelerate its expansion efforts driven by AI and enhanced digital solutions, marking a pivotal moment in its journey towards becoming the foremost choice in the MENA real estate market.

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