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Property Finder raises $170m from Mubadala, UAE funds
Gulf Business· 2026-01-29 03:57
Investment Overview - Property Finder has secured a $170 million investment led by Mubadala Investment Company, along with another UAE sovereign wealth fund and BECO Capital, reinforcing its position as the leading digital real estate platform in the MENA region [2][3] - This funding follows a previous $525 million investment in 2025, highlighting ongoing confidence in Property Finder's long-term strategy and financial outlook, with nearly $700 million raised in equity capital and an additional $250 million in debt financing [3][4] Investment Details - Under the terms of the transaction, Mubadala and the additional sovereign wealth fund will each invest $75 million, while BECO Capital will commit $20 million from its newly launched $250 million Growth Fund I [4] - The investment marks a continuation of a long-term relationship, as BECO was Property Finder's first venture capital backer over a decade ago [4] Financial Performance and Market Position - Property Finder reports strong financial performance and accelerated adoption of its AI-driven products, including Credit Optimizer, Home Valuation, and SuperAgent, which are expanding its market reach [5] - The company is benefiting from sustained property demand and a regulatory environment in the UAE that encourages innovation [5] Leadership Insights - The CEO of Property Finder emphasized the significance of the investment as a testament to the strength of the platform and the resilience of the business model, while the CFO noted that this investment aligns with the UAE's national agenda for a leading digital economy [6][7] - Mubadala's CEO highlighted the investment's role in supporting high-growth technology platforms that contribute to the UAE's long-term economic development [7] Future Focus - With backing from global and regional investors, Property Finder aims to simplify the home-search journey, enhance agent productivity, and strengthen trust and transparency across the real estate ecosystem [7]