Nanofluid has attracted great attention due to its superior thermal properties. In this study, chemical oxidative polymerization of aniline was carried out in the presence of dodecylbenzenesulfonic acid (DBSA) as a dopant. Particles of DBSA-doped polyaniline (DBSA-doped PANI) with the size range of 15 to 50 nm were obtained, as indicated by transmission electron microscope (TEM). Results of ultra violet-visible (UV-Vis) absorption and Fourier transform infrared (FTIR) spectroscopies as well as thermogravimetric analysis showed that PANI nanoparticles were doped with DBSA molecules. The doping level found was 36.8%, as calculated from elemental analysis data. Thermal conductivity of water was enhanced by 5.4% when dispersed with 1.0 wt% of DBSA-PANI nanoparticles. Specific heat capacity of water-based nanofluids decreased with increasing amount of DBSA-PANI nanoparticles.