restate.ae spins into action

Published June 17th, 2007 - 09:51 GMT
Al Bawaba
Al Bawaba

In response to the need to discover accurate real estate services in the UAE, SpinBits announced today that it has successfully launched its flagship real-estate portal - a one- stop shop which is simply a click away.
SpinBits, a leading Web 2.0 Consultancy Company recently established in the United Arab Emirates, today launched restate.ae, a dedicated property portal that will revolutionize the way property is being bought and sold. The portal is a unique venture that draws on SpinBits expertise and experience in creating an easy to use, reliable and profitable online marketplace for real estate.

Leveraging hard-to-find, accurate and unbiased information on real-estate property, restate.ae is developed in the interest of the public, making it easy for users to find their ideal type of home, investment, or accommodation that best suits them. The idea of establishing an interactive online property portal in the UAE was born from the founder of SpinBits’ need to find a home before moving to Dubai from Toronto, Canada. restate.ae is a next generation online real estate guide available to consumers and expatriates in the UAE. Cloves Carneiro Jr., Co-founder and Managing Director of SpinBits commented: “With property escalading rapidly in the region over the last few years, home buyers, investors, and even real estate brokers are finding it increasingly more difficult to keep up with all the latest offerings, let alone those being planned for future construction.  With restate.ae, our aim is to deliver a dedicated property portal catered to the end users that is easy to use and can harness the power of the filter engine making real estate really easy.”

The portal implements state-of-the-art technology solutions following the new Web2.0 spirit, where restate.ae connects property seekers in the UAE instantly with real-estate information, available properties, neighbourhood ratings and direct contact with real-estate providers.  “It is a forum where buyers, sellers and brokers can exchange information, quickly, effectively and inexpensively,” added Cloves.

The property portal, restate.ae is a focal point for the leading players in the real estate industry featuring extensive listings based on property type, property rates, and property location.  Sellers can list as many properties available for sale and lease for an unlimited period, and advertise exclusively on the portals homepage to ensure added exposure.

Buyers can browse properties, save filtered searches under their existing profiles and participate in discussions about properties, buildings, amenities and neighborhoods. They can also view detailed information on properties, including its location and distance to selected landmarks and community facilities.  In addition, both buyers and sellers can monitor multiple property portfolios while using restate.ae.

According to Rida Al Barazi, Co-founder and Managing Director of SpinBits: “The property boom in the UAE has created an enormous interest in real estate in the region, for both buyers and sellers, the processes involved can often be costly, complicated, and time consuming.  restate.ae is intended to remove those obstacles, and provide an innovative platform for real estate transactions in the UAE.  With restate.ae users now have easy access to unbiased information, in order to boost their awareness and confidence towards the real estate industry as a whole.”

restate.ae currently serves over 2 billion dirhams worth of properties. The portal promotion launch is offering clients free property listings and free trial periods on upgrades.  Listings can range from one picture with text to multiple uploads.  “We believe that the launch of restate.ae symbolizes a new direction for the real estate market in the UAE, bringing the latest levels of innovation and cost effectiveness to the sector. Our mission at restate.ae is to make real estate services conveniently easy and accessible to everyone and with the launch of this portal, we are confident that restate.ae will accomplish that mission and rapidly become the leading provider of online property sales in the Middle East,” Rida concluded.

About SpinBits SpinBits is a leading Web 2.0 Consultancy company that focuses on delivering both interactive and smart software solutions to enhance the profitability and image of its customers. Founded by Cloves Carneiro Jr., an experienced Web Entrepreneur and Internet Enthusiast and Rida Al Barazi, a leading web developer, SpinBits offers a comprehensive range of services to help businesses get the most out of their online assets.  SpinBits is strategically located in Dubai Media City, the only global media hub in the region where all media-related businesses thrive together.

With several years of in-depth international and local technical and commercial experience, the team boasts a strong background in many aspects of Internet-based applications, giving them a unique skill and insight into the online industry dynamics and hence helps businesses to increase their visibility, productivity and growth both locally and internationally. Whether architecting a powerful web site and e-commerce solution or even integrating existing technologies with the web, SpinBits delivers. For more information about SpinBits, please visit our website at www.spinbits.com