Dubaipropertyauctions.com (DPA) has just launched sales for commercial and land properties in Dubai. Now anyone selling land, buildings, office or retail space will be able to use the online platform to market their properties to investors worldwide.
Members can list properties and are able to take either bids or offers for their property and negotiate directly with potential buyers. “Our members have been requesting us to start commercial and land sales, with growing interest by investors to purchase commercial freehold, so the timing of this launch could not have been better.” says Zeeshan Shaikh, VP, Creative Development. There is a great demand locally in the UAE for commercial property as seen at the CityScape exhibition in Dubai this year. There are also a large number of foreign investors that are eager to purchase freehold commercial and land space in Dubai, as Dubai moves to becoming one of the world’s leading business hubs. In the past, investors missed out on prime investment opportunities because they were not in the right place at the right time, and everything was bought up quickly. “Not everybody can be present in Dubai to buy property when the right opportunity presents itself. Through our system they need not be left out anymore”
Since launch in January 2005, DPA now has more than 2900 members from 98 countries and growing every day, which shows the tremendous interest that Dubai real estate is generating around the world. “Launching land and commercial sales represents an important step for us in becoming a full service, real estate property trading platform serving the worldwide demand for properties in Dubai. It is a direct result of our commitment to developing the best services for our members,” adds Zeeshan. Although the year round sunshine and cosmopolitan lifestyle are major reasons for people to come and live in Dubai, the tax free environment, specialized free zones and world-class infrastructure makes Dubai an ideal place to work as well. Numerous multinational companies already have regional headquarters in Dubai and many more are moving large portions of their operations to Dubai. No doubt investors will find the prospect of investing in office and retail space in Dubai quite appealing. International and local investors looking to develop real estate projects in Dubai will also be able to source and make offers for land properties through the real-time system.
Launched in response to the immense demand for freehold properties in Dubai, Dubaipropertyauctions.com is a project developed by Atlantis Marketing, a Shaikh Holdings company.
DubaiPropertyAuctions.com was the Recipient of the '2005 Best Property Portal' Award at the Bentley Motors International Property Awards