Bayut

Bayut
Website type
Online property portal
Available inEnglish, Arabic
Founded2008; 18 years ago (2008)
HeadquartersDubai, United Arab Emirates
CEOHaider Khan
IndustryReal Estate & Internet Marketing
Employees200+
ParentDubizzle 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.

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.

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.

See also

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.