The future for private developers who want to thrive in a maturing real estate market is to create a more wholesome or holistic living environment, aligned with the Dubai 2040 Urban Master Plan and its pillars.
Real estate is one of the most lucrative industries in Dubai, and if you are considering building a business in this domain, you can almost rest assured that it will be a rewarding journey- however, you do need to be ready to put in the work.
As businesses felt the impact of the COVID-19 crisis, Al Owais and her enterprise made a move that earned her several plaudits at the time, with her actions being heralded as an example for other business leaders in the UAE to follow.
The startup is leveraging on the opportunity by improving its platform features, investing on its team to boost its growth, and gearing up for a regional digital expansion to Saudi Arabia, Egypt, and Bahrain.
Today's tech-savvy millennials, who have information at their fingertips, have underlined the need for a new business model that the property sector cannot ignore.
"Without trust in off-plan development, there would be no sales in the sector– it is that simple. It is absolutely fundamental to the industry that we operate in, and it is what drives our growth trajectory."
Technology is shaping trends, driving change, revolutionizing every corner of business– and being able to leverage this shift is, in our own experience, the key to taking any startup global in the digital era.
iCommunity, Egypt's first mobile community platform for the real estate industry, aims to transform the engagement between residents and real estate developers.
As Sobha Group's founder and Chairman, Menon has essentially spearheaded the growth and development of the Sobha brand for over 40 years now, and he continues to do that to this very day.
In a business community like that of the Middle East, it's always hard for entrepreneurs to make their way and build new startups, especially in the real estate arena.
When you are researching the potential of starting a new venture, it is important to consider both the strengths and the challenges of starting a Dubai real estate company.
It might just look like something out of Star Wars for some, but Dubai just announced that the very-real construction of a 4000-acre building project called Aladdin City will begin next year.