Bayut
 | |
Type of site | Online property portal |
|---|---|
| Available in | English, Arabic |
| Founded | 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
[edit]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
[edit]References
[edit]- ↑ 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.
- ↑ Abbas, Waheed. "Arab World's sole unicorn is based in UAE". Khaleej Times. Retrieved 2023-12-14.
- ↑ Godinho, Varun (2020-06-02). "EMPG and OLX Group merge MENA and South Asia operations to form $1bn Dubai-based tech company". Gulf Business. Retrieved 2020-08-17.
- ↑ 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. Retrieved 2020-08-17.
- ↑ Salian, Neesha (2022-04-22). "Bayut & dubizzle's Antonello Supino on harnessing the power of data". Retrieved 2023-03-12.
- ↑ "DLD signs MoUs with Bayut, DXBinteract.com, and Property Finder". Construction Business News Middle East. 2022-01-24. Retrieved 2023-03-12.
- ↑ "Want to Invest in Dubai Property? You Can Bank on Resourceful Data". The Economic Times. Retrieved 2023-03-12.