Rabdan Real Estate projects were in focus
Walid Al Zarooni:Strong demand and increasing real estate interest in investing
Real estate sales in Dubai are expected to reach Dhs450-500bn
Dubai – United Arab Emirates, February 12 , 2024: W Capital, a Dubai-based real estate brokerage, successfully concluded two real estate exhibitions in Abu Dhabi and Al Ain, in cooperation with Rabdan Real Estate, with the aim of marketing the company’s various projects.
The activities of the first exhibition in the Emirate of Abu Dhabi were launched on Monday, January 22, 2024, at the Dusit Thani Hotel, Abu Dhabi, and continued for 3 days, while the second exhibition was organized in the city of Al Ain at the Hili Rayhaan Rotana Hotel from February 2nd to 4th.
“The results of the two exhibitions were positive thanks to large demand from customers and a strong desire to learn about the best opportunities available for real estate investment in the Emirate of Dubai and to catch them immediately,” said Walid Al Zarooni, W Capital CEO.
He confirmed that organizing the two exhibitions is one of the important events organized by the company periodically, and help in pushing the company towards the top of local real estate agenda, as it has become an upscale platform for marketing important real estate projects, providing opportunities to reach various segments of real estate investors.
Al Zarooni stated that the two exhibitions focused on promoting “Rabdan Real Estate projects”, one of the leading UAE real estate developers. These projects include the “NAS 3” in the Arjan area in Dubai.
He pointed out that the real estate market is full of attractive opportunities despite the significant price increases over the course of the last three years.
Al Zarooni pointed out that “Rabdan Real Estate” is preparing to launch the “Gharbi 1 Residences” project in Jumeirah Village Circle soon. The new Icon will be a symbol of architectural brilliance, and will feature panoramic views and exceptional amenities. The project consist of a studio with a balcony, one-bedroom with a balcony and a swimming pool, two bedrooms with balcony, private terrace and pool, and a 4-bedroom villa with balcony and pool.
Al Zarooni added that Rabdan focused on setting new standards in the real estate sector by providing innovative, sustainable and aesthetically attractive development projects, with focus on redefining the way people experience urban life, through a combination of cutting-edge technology and optical design.
“W Capital work hard to market all real estate categories, starting with projects aimed at middle- and limited-income people, all the way to luxury projects and complexes,” the CEO said.
He stated that the real estate sector in the UAE witnessed a boom in organizing attractive real estate exhibitions in recent years amid the vibrant activity of the UAE real estate secto, making offers to local and foreign investors. He stressed that the UAE is developing a new urban shift through adopting high standards of infrastructure projects and urban expansion to accommodate future demand for housing in the next two decades.
Al Zarooni pointed out that the UAE is open for everybody, providing unprecedented facilities in terms of long-term residency, while facilitating foreigners’ complete ownership of new projects. That comes in line with ambitious plans to become the first preferred global destination for living and working.
He stressed that real estate exhibitions play a positive role in promoting the real estate sector and attracting customers and buyers. He praised the offers made by real estate developers to attract a good segment of customers, which contributed to recording historical real estate sales exceeding Dhs400bn last year.As a result, he said, real estate market is reaping the benefits of Dubai World’s leadership, with sales this year likely to range between Dhs450-500bn.