• HSBC

www.Simsari.com expands UAE market focus with exclusive Abu Dhabi developments at Cityscape

  • United Arab Emirates: Tuesday, October 16 - 2007 at 14:54
  • PRESS RELEASE

The UAE's largest real estate online marketplace, www.simsari.com, is expanding its UAE market focus with several Abu Dhabi developments aimed at making property buying a more simple and enjoyable experience for homebuyers and investors who want to own real estate in the UAE capital.

During Cityscape, taking place October 16 to 18 at Dubai International Exhibition Centre, Simsari.com's management will launch online sales for some of the most exclusive properties in Abu Dhabi, including beachfront, golf, and multi-purpose 'self-contained community' property offerings that have offices and shopping within one development.

"The growth of the Abu Dhabi property market coupled with the increased demand for online buying through Simsari.com since our launch in 2006 has prompted us to expand the scope of UAE offerings with new developments in the UAE capital," stated Marwan Lallas, Managing Director of Simsari.com.

"Cityscape will enable a wider cross section of the property community to see just how straightforward it is to secure some of Abu Dhabi's new tower and townhouse developments via Simsari.com," he continued.

Simsari.com is an initiative of Tejari (www.tejari.com), the region's leading B2B online marketplace. The real estate marketplace is joining forces with shareholder and member partner Tamweel, the leader in home finance in the UEA, to demonstrate its simplified process of finding, financing and buying Abu Dhabi and Dubai properties online at Cityscape.

"Just as Tejari's proven transactional capability enables thousands of business to find their ideal trading partners, Simsari.com draws on our online expertise to make property buying a more efficient, secure, and simple process," said Omar Hijazi, CEO of Tejari.

Cornerstone Real Estate and Kingfield Real Estate, two of Simsari.com's platinum members, will be exhibiting some of their exclusive property developments at this year's show. Choosing from a wide selection of properties, buyers will have the opportunity to search and book directly online, creating a more simplified, hassle free buying environment.

"Working with Simsari to generate demand for our project provides an important online presence that should contribute to the overall growth of the Abu Dhabi property market," said Ziad Bushnaq, CEO of Cornerstone Real Estate. "Simsari.com enables Cornerstone to tap into new international markets, as well as benefiting from new sales avenues, such as online property auctions", continued Mr. Bushnaq.

Cornerstone, the exclusive agents for Al Badie Group Property Development, the real estate arm of Al Badie Group (ABG), is announcing at Cityscape, the online sales of their latest Reem Island project 'The Beach Tower', promising everything you are looking for in a luxury waterfront residence.

Kingfield Real Estate is unveiling two new projects at the show. 'Golf Walk', one of the first affordable luxury lifestyle apartment blocks will offer magnificent unrestricted views of the adjacent golf course. Golf Walk is part of a larger integrated community called 'Hydra City'. The second project being unveiled is 'Hydra Village'. The compound city consisting of magnificent town houses will be located in the periphery of Abu Dhabi. Hydra Village offers the convenience of a self-sustained small scale city, merged with the comfort derived from an uptown community.

Using Simsari.com, visitors to Cityscape can access the real estate marketplace for a comprehensive property validation process of these new Abu Dhabi developments to authenticate physical existence, availability of the unit, the owner's authorization, and credibility of the property description.

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Notes and Media Contacts »

About www.Simsari.com - Real Estate Made Real Easy!

Simari.com represents a new era of property transactions. Using this portal, buyers and sellers from around the world can come together to trade in real estate online. This pioneering service is revolutionizing the industry by enhancing its transparency and creating more trust in the market between sellers and buyers.

Simsari is a Tejari company. Tejari, is a Business-to-Business (B2B) Marketplace that allows companies to buy and sell goods and services online. Through Tejari, buyers can find, compare and procure products and services from the familiarity and convenience of their desktop Internet browser. Suppliers can list their products and services and sell them through online catalogs or auctions.

Operational since June 2000, Tejari has created, and maintains, the highest standard of B2B customer service and trading facilities in the Middle East region.

For media inquiries, please contact:

Tejari
Abdulla Salman
Director of Marketing
Tejari
Tel: +971 4 391 3777

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