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Building on its upcoming Dubai Financial Market (DFM) listing, Dubizzle Group, the MENA region’s leading digital classifieds marketplace, has reported robust growth, solid profitability, and continued market leadership in the UAE—its largest and core market.
Through its flagship platforms dubizzle and Bayut, Dubizzle Group maintains a dominant position in the UAE’s property and automotive classifieds sectors. The two platforms connect millions of users daily with real estate agencies, developers, and car dealerships, forming a powerful digital ecosystem that delivers value to both consumers and businesses.
In the first half of 2025, the UAE market generated US$105 million in adjusted revenue, accounting for 89 per cent of the Group’s total. This performance was supported by strong recurring revenue streams from property agencies and car dealerships.
The UAE segment recorded $48m in adjusted EBITDA in H1 2025 (a 46 per cent EBITDA margin), up from $25m (31 per cent) in H1 2024. Adjusted net profit also rose to $43m (41 per cent margin) from $21m (26 per cent margin) over the same period. These results reflect disciplined cost management, scalable infrastructure, and robust cash generation, with 85 per cent adjusted free cash flow conversion in H1 2025.
Imran Ali Khan, CEO of Dubizzle Group, said: “Our UAE business continues to generate exceptional profitability, with nearly 50 per cent profit margins and 85 per cent cash flow conversion. Being an asset-light company, growth now trickles down into solid EBITDA.”
Prosus N.V., Dubizzle Group’s largest shareholder, has reaffirmed its confidence in the company’s performance with a $100m investment in the IPO.
Dubizzle Group’s listing on the Dubai Financial Market is expected to take place on 6 November 2025, subject to regulatory approvals.
For more details, visit ipo.dubizzlegroup.com.
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