Metropolitan Premium Properties, a full-service real estate agency and the Metropolitan Group’s flagship property company, has launched its exclusive sales team that will be dedicated to helping developers across the UAE with the marketing and sales of their projects.
This strategic move is aimed at catering to boutique developers who have projects in niche areas and beach and waterfront properties, including villas and penthouses, communities and residential buildings. Also, through the group’s Institutional Sales team, the company will advise developers on buying/selling plots and full buildings and help prepare a comprehensive range of services designed to optimise developers’ marketing and sales strategies.
Metropolitan Premium Properties will leverage the Metropolitan Group’s international customer database of HNWIs enabling the exclusive sales team to tap into a ready pool of buyers primarily from the CIS, Europe and other countries. This extensive network of potentia
With Dubai going through a property boom, there are many first-time investors entering the city’s lucrative property market. Whether you’re looking at properties to invest in or you have recently bought a new house, it’s crucial to cast a critical eye when assessing the condition of your property. Minor faults that are easily overlooked during build can create serious problems in the future. From poorly fitted ceilings and floors to other interior issues, these problems may be expensive and time-consuming to address. Snagging has become an essential service for property owners so that they can identify issues early, which could potentially cost them thousands of dirhams in the future.
“Put simply, snagging is the complete assessment of a property by identifying defects before the developer hands over to you,” explains Aiko Durimkhan, Property Management Director at Metropolitan Premium Properties. “It involves a detailed inspection to identify major or minor construction
Nearly two thirds of Dubai property owners polled (64 per cent) plan to sell their respective unit to take advantage of current market conditions and 52 per cent would do so in the next 12 months in return for a good premium, according to a YouGov survey commissioned by Metropolitan Homes, a new division of the Metropolitan Group focusing on Dubai’s secondary market and catering to end-users, investors and wealthy asset owners.
According to the same survey, which polled 300 UAE property owners during the first half of January, 90 per cent of Dubai property owners would purchase another property in the emirate if they sold their existing one at a good premium. Eighty-three per cent said they made significant improvements since they bought their property with 15 per cent of respondents spending over Dh500,000 to renovate their property.
“The YouGov survey results are further indication that UAE homeowners are confident in Dubai as an established property market and that the level