Dubizzle reports strong UAE profits and 46 per cent EBITDA margin in H1 2025 as it prepares for its Dubai Financial Market IPO in November
Dubizzle Group, the MENA region’s leading digital classifieds marketplace, has reported strong profitability and growth in the UAE, its largest and core market, ahead of its planned Dubai Financial Market (DFM) listing on November 6, subject to regulatory approvals.
Through its flagship platforms dubizzle and Bayut, the Group holds a clear number-one position in the UAE’s real-estate and autos classifieds sectors.
These platforms have become part of everyday life in the Emirates, linking millions of users with property agencies, developers, and car dealerships through a high-engagement digital ecosystem that creates value for consumers and businesses alike.
Dubizzle financial results H1 2025
The UAE generated $105m in adjusted revenue in the first half of 2025, accounting for 89 per cent of Dubizzle Group’s adjusted revenue.
The UAE segment recorded $48m adjusted EBITDA with a 46 per cent margin, compared with $25m (31 per cent margin) in H1 2024.
Adjusted net profit rose to $43m (41 per cent margin) from $21m (26 per cent margin) a year earlier, supported by disciplined cost control, scalable infrastructure, and an 85 per cent adjusted free-cash-flow conversion — the hallmarks of a mature, asset-light digital business.
‘Exceptional profitability’
Imran Ali Khan, CEO of Dubizzle Group, said: “Our UAE business continues to generate exceptional profitability, with nearly 50 per cent profit margins and 85 per cent cash-flow conversion. Being an asset-light company, growth now trickles down into solid EBITDA.”
Prosus N.V., Dubizzle Group’s largest shareholder, has confirmed a $100m investment in the IPO, signalling confidence in the company’s growth strategy and its leadership position across the UAE and wider MENA region.
Dubizzle Group said the forthcoming DFM listing represents the next step in its expansion journey and reinforces Dubai’s role as a regional hub for technology-driven investment and innovation.
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