Emirati lady wins Dhs100.000 in the “W Capital” draw

Dhs2 milion total value of prizes so far

– Dubai real estate market is full of attractive investment opportunities

– Special drawings increase the company’s competitiveness and improve our services,

Walid Al Zarooni

Dubai, United Arab Emirates

 Monday, March 11, 2024

W Capital, a Dubai based real estate brokerage, announced  the Emirati citizen Fawzia Hassan Ahmed Al Marzooqi  a winner of Dhs100,000 prize.

The winner’s brother received the award on her behalf in a special gala organized by the company after holding a regular draw under the supervision of the Dubai Land Department.

The draw, which was organized to cover 3 months starting from November 17, 2023 to January 17, 2024, is the first during 2024.It is part of the company’s plans to activate real estate sales brokered by them.

“The company continues to organize draws to increase sales, especially with the continued real estate momentum and the great demand for investment in the Dubai real estate market, which is full of attractive opportunities,” said Walid Al Zarooni, W Capital CEO.

Al-Zarooni noted that qualifying for the draw required a customer to purchase a residential unit through W Capital brokerage, so the buyer would have coupons to qualify for the draw.

He stated that customers received a coupon for every Dhs100.000 paid, and the higher the value, the greater the number of coupons. For example, someone who bought a unit worth one million dirhams would receive 10 coupons.

Al Zarooni revealed that such special draws increase W Capital’s competitiveness and improve the quality of services provided by the company, as they strive to meet customer requests.

He stressed the company’s keenness to offer a large prize to the competitors worth Dhs100.000 each time, adding that the total value of the prizes offered by W Capital since its establishment until now amounted to two million dirhams.

W Capital had previously organized draws with a total value of two million dirhams, which included winning an apartment worth Dhs450.000 dirhams, as well as a draw for 3 cars worth Dhs150.000 each, in addition to 5 prizes with a total value of Dhs500.000, and 3 draws worth Dhs300.000 in 2022, added to 3 other draws last year with a value of dhs100.000 for each draw.

Al Zarooni stressed that “W Capital” will continue  making attractive promotional offers while providing the best services to customers, to strengthen their position in the Dubai real estate market. He confirmed their commitment to all requirements of the Dubai Department of Economic Development that are required to organize such draws, amid high levels of transparency while achieving justice. For all customers who meet the draw conditions, draws to be broadcast live on his official Instagram account.

Al Zarouni pointed out W Capital keenness to promote and market the largest real estate developers’ products to obtain the best units at the best prices for customers, and to gain their trust.

The CEO said that these offers and draws are one of the companies’ means of stimulating real estate sales and attracting customers to increase the purchasing momentum of individuals and companies while highlighting the attractive investment opportunities available in the market, which is still on an upward trajectory in the medium term.

Walid Al Zarooni added that the real estate market made record sales in the year 2023, exceeding dhs400bn, and is expected to continue positive performance in 2024, benefiting from the vibrant Dubai economic activity, the incentives and facilities provided to attract investors, the ease of granting visas and residency, and the continued momentum of demand from foreigners.