Wednesday, October 08 - 2008

Eqarat.com sells highest office space in the world for Dhs44m

Eqarat.com, the Dubai-based total solutions provider to the real estate sector, has announced that it recently sold the highest office floor in the world for a total value of Dhs44m, encompassing a total of 11,000 square feet of sophisticated and functional work space on the 94th floor of Burj Dubai, presently the tallest skyscraper being built.

  • United Arab Emirates: Thursday, February 14 - 2008 at 11:43
  • PRESS RELEASE


Ali Hussein Al Rahma, CEO, Eqarat.com.
Ali Hussein Al Rahma, CEO, Eqarat.com.

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The impressive property was purchased by a European investor through the assistance of Eqarat.com, which has resulted in the successful acquisition of the most coveted commercial real estate property within the globally renowned landmark.

'Purchasing property in Dubai has become a simplified process; however intense competition not only among property developers, but even with high profile investors who are always on the lookout for the most profitable developments in this rapidly developing emirate, has presented customers with difficulties in acquiring their ideal properties. It brings us pride to have successfully facilitated the sale of the most sought-after commercial space in Dubai at present, as a result of our market strategy, which we have gained through extensive knowledge of the local market. This success further reiterates the trust that investors have for us, which serves as our foremost motivation to further improve our services and satisfy the demands of highly discerning customers,' said Ali Al Rahma, CEO, Eqarat.com.

Through its extensive database and advanced technologies, Eqarat.com has been named as the preferred sales agent for all Emaar's current property developments, which includes its luxurious projects. In addition, the company has also recently formed a strategic partnership with the Fortune Group, a leading real estate developer based in Dubai with a current portfolio of investments valued at over Dhs6.3bn, to market its Dhs500m 'Fortune Serene' development. Steadily building strong ties with both well-established developers and high profile investors, Eqarat.com has achieved a position of leadership in the highly significant real estate services market.

'Having entrenched our position of leadership within the real estate consumer services market, we are looking into reinforcing our strong reputation among our existing and potential clients by implementing additional technology-based systems and further developing our agent base. We believe that our strategy of maintaining an affective communication with our customers will take us to greater new heights in terms of acquiring the trust of both high profile developers and investors. We are optimistic that we will gain more success stories such as the sale of this outstanding property in Burj Dubai, as the emirate of Dubai moves towards acquiring a central role in the global economy,'

concluded Al Rahma.

Since its establishment in 1991, Eqarat.com has evolved as a pioneer in the industry through its ambitious and innovative real estate philosophy. The company provides a wide range of property services, from property consultancy to sales services for both individual buyers and sellers. Its dedicated team of professional real estate experts is continually soliciting high value projects for prospective investors and developers across the globe. Eqarat.com owns offices in UAE, Kuwait, Jordan, Oman and has continuing expansion plans to further expand its operations in Saudi Arabia, Morocco, India and the UK.




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Notes and media contacts

For more information, please contact:
CommuniGate Middle East
PO Box 66861, Dubai, UAE
Tel: +971 4 3988134
Fax: +971 4 3988137
Website: www.communigateme.com
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Thursday, February 14 - 2008 at 11:43 UAE local time (GMT+4)

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