Dubizzle Group, the MENA region’s leading digital classifieds marketplace, has announced plans to list 30.34% of its total share capital on the Dubai Financial Market (DFM), opening subscriptions on 23 October 2025.
The Initial Public Offering (IPO) marks a significant milestone for the company as it seeks to accelerate growth across the region’s fast-expanding digital economy.
The Group, known for connecting millions of users through its flagship platforms dubizzle and Bayut, reported robust performance in the first half of 2025. Its platforms recorded 54 million monthly sessions and 18 million monthly active users, underscoring its dominance in the real estate and automotive sectors.
Financially, Dubizzle Group posted adjusted revenue of US$117 million in H1 2025, a 39% year-on-year increase, with its UAE segment contributing US$105 million and achieving a net profit margin of 41%. The company also reported a strong free cash flow of US$41 million, reflecting an 85% cash conversion rate.
Positioning itself as a regional leader in digital classifieds, Dubizzle Group aims to leverage its AI-powered technology and extensive user base to deepen monetization and expand in underpenetrated MENA markets. Saudi Arabia represents a key growth opportunity, with the Group planning to replicate its successful classifieds model and integrated services offering in the Kingdom.
Led by a founder-driven management team with a history of profitable growth, Dubizzle Group’s IPO offers investors a chance to participate in the continued digital transformation of the MENA region’s property and automotive markets.
News Source: Emirates Islamic
