propertyfinder.ae Partners with Maktoob

propertyfinder.ae, the UAE’s leading property portal, has announced a partnership deal with maktoob.com, one of the Middle East’s leading Arablic news portals with 9.6 million unique visitors each month.

propertyfinder.ae is part of the REA Group and is entering strategic partnerships to help provide a growing regional audience with upto date real estate information and property listings from the UAE.

“We are delighted to work in partnership with one of the leading Arabic news portal in the Middle East. Working with Maktoob.com will help take propertyfinder.ae to another level in terms of reach and accessibility and ability to meet regional demand for online real estate information. Visitors to Maktoob.com will now have access to the most comprehensive online property listings in the UAE. This will in turn lead to wider and more varied enquires from the Middle East region, thus generating more leads for sales agents,” said Michael Lahyani, CEO of propertyfinder.ae.

This deal is hot on the heals of another distribution deal signed in May this year with MSN Arabia, the number one network in the region attracting more than 10 million unique users per month.

1. Yahoo! Buys maktoob.com

   Yahoo! has expanded its already mighty reach towards millions of consumers in the Arab World by agreeing to purchase community and news portal maktoob.com....

2. propertyfinder.ae Grows Despite Economic Woes

   2008 has been a big year for Dubai based propertyfinder.ae, and it has just celebrated its first birthday as part of the REA Group, who acquired the portal in November 2007....

3. Make an Offer at propertyfinder.ae

   propertyfinder.ae, the leading property portal for the United Arab Emirates, has just released a feature that allows users to submit price proposals on listings. propertyfinder.ae says the new “make an offer” tool is aimed at eliminating the haggling and time involved in buying or leasing a property. The portal has noticed a tendency for some properties to receive a great deal of traffic but few enquiries while others see high turnover, which it attributes to more realistic pricing. ...

4. REA Group Sells Stake in propertyfinder.ae

   The REA Group has exited the Dubai market by selling its 51% stake in propertyfinder.ae to its joint venture partner, the Swiss Media Group. The REA Group purchased 51% of Propertyfinder.ae in October 2007 with the objective of driving strong growth on online real estate advertising in the Gulf Region. The sales continues the retreat of the REA Group to its core Australian business....

5. Zoopla Confirmed as Potential Propertyfinder Buyer

   Last week it was revealed that the Propertyfinder's management buy out attempt had failed and that the REA Group and News International had entered into a heads of agreement with a mystery party. This mystery party has now been confirmed as being Zoopla. Zoopla is a relatively new entrant to the UK online real estate market having initially launched a site around home prices and more recently moving into advertising homes for sale in the UK using the pay per lead model. Earlier this year Zoopla closed out a £3.75m capital raising. Check out our coverage of Zoopla over the last year. On reflection, this deal makes sense by providing Zoopla with a boost into being a serious competitor in the market and it gives propertyfinder.com and its team a new lease on life....