Dubizzle Group Holdings, the leading digital classifieds marketplace in the MENA region, has announced it will postpone IPO plans to assess “optimal timing”.
The listing was planned for November 6 on the Dubai Financial Market and was expected to see around 30.34 per cent of the company’s total issued share capital offered to investors through a combination of new and existing shares.
In a statement, the group said it has received strong interest from investors and will look at future IPO listing.
Dubizzle IPO plans
A statement said: “Dubizzle Group Holdings PLC, the leading digital classifieds marketplace in the MENA region, today announced its decision to postpone its planned initial public offering on the Dubai Financial Market.
“Since announcing its Intention to Float, Dubizzle Group has seen strong engagement and interest from investors, reflecting the Company’s market leadership, profitability, and growth prospects across the UAE and Saudi Arabia.
“However, the Company has decided to postpone its planned IPO and assess optimal timing for the offering in the future.
“Dubizzle Group remains focused on executing its strategy of growing its highly profitable UAE business and expanding its footprint in Saudi Arabia”.
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.
The UAE generated $105m in adjusted revenue in the first half of 2025, accounting for 89 per cent of Dubizzle Group’s adjusted revenue.
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