Bayut-dubizzle opens new office at Dubai Design District
dubai — Dubai-based unicorn company Bayut and dubizzle announced the official opening of their new combined office space at Dubai Design District (d3), a step further reinforcing Dubai’s reputation as a leading centre of innovation, where promising startups can thrive and build successful business models.
Backed by Dubai’s world-class infrastructure, easy business setup, access to incubators and availability of smart funding, the new Bayut-dubizzle office will serve as a hub for both the brands operations within the UAE, as well as a base for the unicorn’s regional expansion plans.
The opening was attended by Abdulla Belhoul, chief commercial officer of Tecom Group; Ammar Al Malik, managing director of
Dubai Internet City; Majid
Saqr Al Marri, CEO of the Registration and Real Estate
Services Sector at the Dubai
Land Department (DLD);
Khadija Al Bastaki, executive director of Dubai Design District; and Mohamad Khodr Al Dah, director of the Technical Affairs Department at the DLD.
Earlier this year, Dubai-based Emerging Markets Property Group and OLX Group, owners of homegrown technology success stories Bayut and dubizzle, announced the merger of their Mena and South Asian operations to form an Dh3.6 billion ($1 billion) Dubai-based unicorn company.
“The merger of the parent companies of Bayut and dubizzle earlier this year demonstrated the great potential of technology companies and established another homegrown unicorn,” Al Malik said.