I did not think of what movies inspired the first two Dabbes - in this case I do not have to think what was the inspiration, it is more than obvious. Paranormal Activity is the "winner". For better or worse as they say - as in if you were really into the style of those other movies (Blair Witch was succesful, but Paranormal took the whole thing to a new level - all sequels included).
I am not really a fan of the found footage thing, but this is quite solid if you are a fan of it. The jump scares and the sound cues (quite annoying if you ask me, but horror has to be "created") are here to be enjoyed ... the special effects overall are decent too.