Bayut

Bayut

Type of site	Online property portal
Available in	English, Arabic
Founded	2008;17 years ago (2008)
Headquarters	Dubai, United Arab Emirates
CEO	Haider Khan [1]
Industry	Real Estate & Internet Marketing
Employees	200+
Parent	Dubizzle Group (formerly EMPG)

Bayut is a property classifieds website in the United Arab Emirates. Bayut is a part of the Dubizzle Group, formerly known as Emerging Markets Property Group, which was the first homegrown unicorn in the Arab region. ^[2]

History

Bayut was founded in 2008.

In April 2020, Bayut's parent company and the Netherlands-based OLX Group announced the merger of their operations in the UAE, Egypt, Lebanon, Saudi Arabia, Kuwait, Qatar, Bahrain, Pakistan, and Oman, together with the OLX-owned Dubai-based classifieds website, Dubizzle. ^{[3] [4]}

In January 2022, the Dubai Land Department signed a memorandum of understanding with Bayut to provide Dubai’s real estate market with interactive data and reports. ^{[5] [6] [7]}

See also

• Binghatti Properties
• Polarcus
• Property Finder

References

1. Leon, Pamella de (2022-11-15). "Dubai-Based Emerging Markets Property Group, Owner Of Bayut And Dubizzle, Raises US$200 Million Ahead Of An IPO "In The Near Future"". Entrepreneur. Retrieved 2023-03-12.
2. Abbas, Waheed. "Arab World's sole unicorn is based in UAE". Khaleej Times. Retrieved 2023-12-14.
3. Godinho, Varun (2020-06-02). "EMPG and OLX Group merge MENA and South Asia operations to form $1bn Dubai-based tech company". Gulf Business. Retrieved 2020-08-17.
4. Staff, Entrepreneur Middle East (2020-06-03). "EMPG and OLX Group, Owners Of Dubai-Based Bayut And Dubizzle Respectively, Merge To Form Unicorn Company". Entrepreneur. Retrieved 2020-08-17.
5. Salian, Neesha (2022-04-22). "Bayut & dubizzle's Antonello Supino on harnessing the power of data" . Retrieved 2023-03-12.
6. "DLD signs MoUs with Bayut, DXBinteract.com, and Property Finder". Construction Business News Middle East. 2022-01-24. Retrieved 2023-03-12.
7. "Want to Invest in Dubai Property? You Can Bank on Resourceful Data". The Economic Times. Retrieved 2023-03-12.