Mubadala Investment Company has joined a $170m funding round for Property Finder, deepening sovereign wealth and private equity backing for one of the Middle East’s largest online property platforms.

The Abu Dhabi-based investor is committing $75m, while BECO Capital is investing $20m. An unidentified wealth fund is providing the remaining capital, according to Property Finder.

The latest round lifts total funding raised by the Dubai-based company in recent months to nearly $1bn. In September, private equity firms Permira and Blackstone invested $525m, followed weeks later by $250m of debt financing from Ares Management.

Founded around two decades ago, Property Finder operates across five Gulf markets and competes with platforms including Dubizzle and Bayut. The company said it continues to see its biggest growth opportunity in Dubai and Abu Dhabi, where it has expanded by about 30% over the past five years.

The transaction highlights how private equity, private credit, and sovereign capital are converging in Gulf real estate technology, as investors increasingly treat the region as a destination for growth capital rather than merely a source of funds.

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