UAE-based proptech firm Property Finder has raised $170 million in a fresh funding round led by Mubadala Investment Company, along with another UAE sovereign wealth fund and BECO Capital.
Under the transaction, Mubadala and the unnamed sovereign wealth fund will each invest $75 million. BECO Capital has committed $20 million through its newly launched $250 million Growth Fund I.
Founded in 2007 by Michael Lahyani and Renan Bourdeau, Property Finder operates an online marketplace that allows users to search and filter residential properties available for sale or rent across the Middle East and North Africa.
The latest funding follows a $525 million investment in 2025 led by Permira, with participation from Blackstone Growth. With this round, Property Finder’s total equity capital raised is close to $700 million.
In addition to equity funding, the company has secured $250 million in debt financing from Ares Management and HSBC. This places Property Finder among the largest funding recipients in the MENA technology sector.
The new capital will be used to support Property Finder’s plan to develop a full-scale real estate operating system for the region. The company is focused on improving transparency, strengthening trust, and enabling data-driven decision-making across the property lifecycle.
Over the past year, Property Finder has expanded adoption of its core products and introduced AI-led tools such as Credit Optimizer, Home Valuation, and SuperAgent. It has also entered partnerships with companies such as Stake and Keyper to broaden its presence across different stages of the real estate journey.
This funding round reflects continued investor confidence following earlier backing from General Atlantic, which first invested in the company in 2018 and remains a significant shareholder.
Michael Lahyani, Founder & Chief Executive Officer of Property Finder, said, “We are honoured to welcome Mubadala and our new sovereign wealth fund partners at such an important moment in our journey. Their support is a testament to the strength of our platform, the depth of our data and the resilience of our business model. We are also delighted to welcome back BECO, one of our earliest partners. The region continues to experience exceptional economic momentum, and we are proud to help build a more transparent, trusted and technology-enabled real estate market.”
Jamie O’Mahony, Chief Financial Officer of Property Finder, added, “As Permira and Blackstone validated our story globally following our early partnership with General Atlantic, this investment affirms that confidence here at home. It accelerates our ambition to build the region’s leading real estate operating system, powered by data, trust and innovation. The addition of two leading UAE sovereign wealth funds further strengthens Property Finder’s institutional shareholder base and aligns the company even more closely with the UAE’s national agenda to build a world-leading digital economy.”
Dr. Bakheet Al Katheeri, CEO of UAE Investments Platform at Mubadala, said, “This investment reflects Mubadala’s continued commitment to support national champions and high-growth technology platforms, including the next generation of unicorns that are contributing to the UAE’s long-term economic development. Property Finder has established a resilient and scalable business at the intersection of technology and real estate, a sector that remains a core strategic priority for Mubadala. We are pleased to support founders and entrepreneurs who are building market-leading platforms with strong fundamentals and sustainable, long-term regional impact.”
Amer Alaily, General Partner, Growth Fund, BECO Capital, said, “Property Finder is creating real value for all stakeholders in the real-estate ecosystem: buyers, agents, and sellers. The company exemplifies what our Growth fund was built to support. We're proud to deepen our partnership with Michael and the team as they continue to set the standard.”
Following the investment, Property Finder plans to continue improving agent productivity and simplify the home search process across the region.
J.P. Morgan acted as sole placement agent to Property Finder on the transaction. Moelis & Company served as independent financial advisor to Property Finder. Freshfields LLP acted as legal counsel to Property Finder, and Cooley LLP acted as legal counsel to Michael Lahyani.
—----------------------
Raising capital? Explore 3,000+ PropTech and ConTech VCs in one place →https://www.proptechbuzz.com/vc
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.