The Dubai-based Property Finder has raised $170 million from Abu Dhabi sovereign investor Mubadala and another UAE-based wealth fund that has not been named.

Mubadala and the second wealth fund have each committed $75 million in investment in the online property portal, with MENA venture capital firm BECO Capital rounding off the balance.

This commitment follows a $525 million investment led by funds advised by Permira, with participation from Blackstone Growth in 2025. Earlier, Property Finder also raised $250 million in debt financing from Ares Management and HSBC.

JP Morgan acted as sole placement agent to Property Finder on the transaction. Moelis & Company served as independent financial advisor.

(Writing by Bindu Rai, editing by Seban Scaria)

bindu.rai@lseg.com