Mubadala Leads USD 170m Investment in Property Finder in Major Tech Deal

Dubai, UAE: Property Finder has secured a USD 170m investment led by Mubadala Investment Company, alongside another UAE sovereign wealth fund and BECO Capital, marking one of the most significant technology investments in the UAE’s real estate sector to date.

Under the transaction, Mubadala and the participating sovereign wealth fund will each commit USD 75m, while BECO Capital will invest USD 20m from its newly launched USD 250m Growth Fund I. The investment represents BECO’s first deployment from the new fund and deepens a partnership with Property Finder that began more than a decade ago, when BECO was the company’s first venture capital backer.

The latest funding follows a USD 525m investment completed in 2025, led by funds advised by Permira with significant participation from Blackstone Growth, underscoring sustained international and regional confidence in Property Finder’s financial performance, strategic direction, and long-term growth outlook.

One of the region’s largest funding rounds

With nearly USD 700m raised in aggregate equity capital, alongside a further USD 250m in debt financing from Ares Management and HSBC, the transaction ranks among the largest funding rounds ever completed in the region’s technology ecosystem. General Atlantic, which first invested in Property Finder in 2018, also continues to hold a significant shareholding.

The scale and composition of the investor base reflect Property Finder’s evolution from a regional property portal into a data-driven, technology-enabled platform serving buyers, sellers, and real estate professionals across multiple markets.

Michael Lahyani, founder and 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.”

Read more: EXCLUSIVE: Michael Lahyani on Property Finder’s $525M Investment

Strategic alignment with national growth priorities

From Mubadala’s perspective, the investment aligns with its focus on backing national champions and scalable technology platforms with long-term economic impact.

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.”

For BECO Capital, the transaction represents both a strategic reinvestment and a signal of confidence in Property Finder’s trajectory as it continues to scale its platform and expand its value proposition across the real estate ecosystem.

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.”

As regional real estate markets continue to digitise and professionalise, Property Finder’s latest funding round positions the company to further invest in technology, data capabilities, and platform innovation, while reinforcing the UAE’s role as a hub for large-scale, growth-stage technology investments.