Dubai Off Plan Project By Zawaya Property

9 Jan 2019

Zawaya Property is one of Dubai’s premier real estate companies. They are a partner of Noor Bank and listed with more than forty major developers. Zawaya Property provides the best options for off-plan investments for clients, both locally and internationally. They also manage upwards of 4,000 properties across the UAE. Their growing portfolio makes them a top-notch company for off plan projects. The company offers asset-management solutions in areas like commercial and residential property. They handle both private and institutional property owners, where they can assist to optimise their property investments, including RICS-certified valuations, advisory services and full lifecycle property management.

PROPERTY SALES

The company has immediate access to a substantial number of active property investors, supported by its connections with Noor Bank. These investors buy and sell properties in all major asset classes, from single residential apartments and villas, to entire villa compounds and land plots. Zawaya Property has a team of fully accredited brokers. All of them have a wealth of residential and commercial real estate experience from around the UAE, and expansive international market knowledge. Their specialised project marketing team provides a custom-built service to satisfy each client’s goals. With the support of their creative, property marketing consultants and a dedicated customer support team, they are able to handle all sorts of project marketing from the initial brief until the last stages of development. They will create a strategic plan through to final handover and payment processing, with each phase supporting the maximisation of financial revenues. Their sales strategies include the following points:Recommendations for marketing initiatives and coordination

  • Competitive analysis and benchmarking
  • Pricing strategy
  • Release/phasing strategy
  • Extensive investor database for targeted direct marketing

They also coordinate with local and international third-party agencies, in the preparation of offer letters, follow-ups on projects, sales documentation, and management of the complete payment processing for clients, including a full written report of the procedures.

ESCROW MANAGEMENT

The Dubai Land Department (DLD), through the Real Estate Regulatory Authority (RERA), has implemented escrow services for freehold development projects in Dubai. This is to protect off-plan property investors and guarantee that funds are disbursed to the right projects, and not used to conceal other financial discrepancies. Zawaya Property’s escrow engineers help their clients to manage business risks by checking compliance on the requirements and specific details of each project. Their engineering team works closely with Noor Bank to provide escrow services for developers.