Real estate website in UAE
Bayut Type of site
Online property portal Available in English ,Arabic Founded 2008; 17 years ago (2008 ) Headquarters Dubai , United Arab EmiratesCEO Haider Khan[ 1] Industry Real Estate & Internet Marketing Employees 200+ Parent Dubizzle Group (formerly EMPG)
Bayut is a property classifieds website in theUnited Arab Emirates . Bayut is a part of theDubizzle Group , formerly known as Emerging Markets Property Group, which was the first homegrownunicorn in theArab region .[ 2]
Bayut was founded in 2008.
In April 2020, Bayut's parent company and theNetherlands -basedOLX Group announced the merger of their operations in the UAE,Egypt ,Lebanon ,Saudi Arabia ,Kuwait ,Qatar ,Bahrain , Pakistan, andOman , together with the OLX-ownedDubai -based classifieds website, Dubizzle.[ 3] [ 4]
In January 2022, theDubai Land Department signed a memorandum of understanding with Bayut to provide Dubai’s real estate market with interactive data and reports.[ 5] [ 6] [ 7]
^ 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 . Retrieved2023-03-12 . ^ Abbas, Waheed."Arab World's sole unicorn is based in UAE" .Khaleej Times . Retrieved2023-12-14 . ^ Godinho, Varun (2020-06-02)."EMPG and OLX Group merge MENA and South Asia operations to form $1bn Dubai-based tech company" .Gulf Business . Retrieved2020-08-17 . ^ 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 . Retrieved2020-08-17 . ^ Salian, Neesha (2022-04-22)."Bayut & dubizzle's Antonello Supino on harnessing the power of data" . Retrieved2023-03-12 . ^ "DLD signs MoUs with Bayut, DXBinteract.com, and Property Finder" .Construction Business News Middle East . 2022-01-24. Retrieved2023-03-12 .^ "Want to Invest in Dubai Property? You Can Bank on Resourceful Data" .The Economic Times . Retrieved2023-03-12 .
