Bin Haider Real Estate announces record property deals of AED 500 million in less than a year

    Dumped value of 'ID':
'81355';

Dumped value of 'images_loop':
[
    {
        'caption' => 'Mr. Ali Abdulla Ali Bin Haider, President and Chairman, Bin Haider Group (left) and Mr. Mukesh Dhakan, Managing Director, Bin Haider Real Estate (right).',
        'col' => 'picture',
        'name' => 'BinHaiderandMukeshDhakan.jpg',
        'url' => '/8/23338-BinHaiderandMukeshDhakan.jpg'
    }
];

Terming the business generated within a single fiscal year as impressive, Mr. Mukesh Dhakan, Managing Director, Bin Haider Real Estate said it was driven by the booming demand for projects that offer a distinctive value proposition. This demand was further backed by Bin Haider Real Estate's innovative marketing strategies and its well-diversified portfolio of real estate options, he added.

Detailing the deals, Mr. Dhakan said: 'Bin Haider successfully clinched deals for 190 properties roughly aggregating AED 500 million. The sales mix comprised properties at premium locations such as Dubai Marina, Jumeirah Lake Towers and Palm Jumeirah. Besides attracting buyers from neighbouring countries in the GCC, the demand pattern also reflected interest from investors outside the region. The trend is a positive indicator for the real estate market in Dubai, signifying a new stream of investors that will strengthen the fundamentals of the market.'

The biggest transaction Bin Haider concluded during this period was for a Dhs. 100 million in Dubai Marina.

The strong real estate sector has placed Bin Haider Real Estate on the fast track to growth. Its vast presence in property management, consultancy and marketing services has encouraged a recent foray into real estate development in Dubai and Ajman. The exponential growth in sales is an endorsement of Bin Haider Real Estate's one-of-its-kind proposition that maximises value to property investors, Mr. Dhakan said.

Over the past decade, Bin Haider Real Estate has played a stellar role in unlocking the potential of this sector through its wide range of services such as investment counsel, property management and marketing.

Highlighting the role of Bin Haider in the UAE's rapidly growing real estate
market, Mr. Ali Abdulla Ali Bin Haider, President and Chairman, Bin Haider Group, said: 'The real estate market remains buoyant and there is no dearth of buyers for the best offerings. Bin Haider Real Estate is keen to capitalise on this growth. Our new projects in the UAE are designed according to demand patterns in the emirates. For instance, in Ajman, we offer luxury apartments with state-of-the-art amenities at affordable prices. In Dubai, we cater to the demand for residential and commercial space in locations with high potential such as International City and Investment Park.'

Besides strengthening its local presence, Bin Haider Real Estate is stepping up efforts to tap international markets for investments in UAE's real estate sector. Having recently opened an office in UK, it is now planning to establish itself in Mumbai, India. Bin Haider Real Estate has to its credit marketing alliances with UAE's leading developers.

Armed with a team of real estate professionals with in-depth knowledge of the market and a wealth of experience, Bin Haider Real Estate has been successful in maximizing value for property investors. Its innovative and solution-driven marketing strategies have enabled it to forge strong relationships with leading real estate players in Dubai.