A few days after the successful campaign for the promotion of its new business division related to real estate sales in Dubai, the company registered its first transactions in the most popular investment destination today. We meet Ilonka Stoyanova, Business Development Manager of Unique Estates Dubai, to find out more about the concluded deals, the interest of Bulgarian clients in the market and the most attractive properties that the company offers in the global metropolis.
The first exclusive exhibition Dubai Property Show generated extremely high interest, enjoyed high attendance. During the event, Unique Estates presented the most interesting projects for investment in Dubai together with our official partner in the United Arab Emirates - Bonne Apart UAE. Within two days, we welcomed all guests interested in real estate investment opportunities in Dubai. Unique Estates’ team of professionals, together with the sales team of our Dubai partners, held numerous meetings and presentations of selected projects of the leading investors in the global metropolis. We introduced our guests to all the advantages of investing in the United Arab Emirates and the reasons why right now is the best time to do so. It was interesting for us that during the two-day exhibition we met many new people who were not on our list of clients until that moment. Thanks to the event and the large-scale marketing campaign that Unique Estates organized, the company already has completed deals in Dubai.
One of them was with a client who contacted us in the first days of announcing our new corporate division. His original idea was to buy a home to stay with his family while on trips to Dubai. Thanks to our partners, who met the client on the spot, he chose to combine these intentions with the opportunity to invest in a property, with which to subsequently increase the invested capital. The deal is a result of the well-done work of our team, together with our partners in Dubai, who have used individual approach, with guidance and assistance at all steps of the process. I appreciate the trust that the client showed in me as a professional and his correct attitude at every stage of the transaction.
Another sale followed, where the intended investment amount was doubled in the process of consulting and uncovering the potential of the properties on the Dubai market. Intense communication and total commitment of the team in the process. In the end, the client was extremely satisfied, as he received the best solution for his investment.
In all inquiries made, we note a very strong interest and seriousness in the intentions of the customers who call us. Most of them have considered the idea before, but now they turn to us as a trusted partner, with the desire to get security in this big step for them - an investment in a foreign market.
Unique Estates has the advantage of relying on its partnership with leading companies in the field, offering properties of some of the most established construction companies in Dubai. Our official partner in the UAE - Bonne Apart UAE, is a company that has proven itself as one of the market leaders. Thanks to this, our clients can count on a high level of service, providing comprehensive assistance, whether it is about investing in property, starting a new business or establishing in the UAE.
By choosing to contact us, Unique Estates clients receive a free consultation on the market and the investment opportunities in Dubai, here in Bulgaria. Our team prepares a professional offer with suitable properties that meet their individual needs. These may be estates for personal use or for rental purposes, or both. The client also has the option of purchasing a portfolio of properties, all for investment purposes, where Unique Estates assists in the preparation of a financial strategy on how the budget will be allocated, at which stage of construction to make the deposit and at what point to resell in order to achieve maximum profit . The service we provide also includes: organizing online meetings with our partners in Dubai, visiting and inspecting properties there, legal consulting and handling the transaction, negotiating terms and payment scheme according to the individual needs of the client, financial and accounting services, assistance for Golden Visa, assistance with asset management - renting out properties after purchase or resale, etc. The company is available to its customers at all time, providing expert advice, personal attention, guarantees of security and confidentiality. In this type and complexity, in fact, this service is absolutely new for our market.
Practice shows that construction companies in Dubai offer the properties they build mainly through agencies, and not through direct sales. This is because only in this way can clients count on consultation and complex service, according to their individual needs and wishes. Construction companies do not go into such relationships with the final buyer. By connecting our clients with our partners in Dubai, they get the peace of mind that someone is protecting their interest throughout the entire process, with guidance on when and where to invest their money in the best way so that they get the highest returns. These are long-term relationships with a partner who is their personal agent, ready to provide their help or assistance, knowing the market, its opportunities, prospects and mechanisms of action. This is an exceptional added value to the service that our customers receive, in return, they, as buyers, do not pay any transaction commission!
Dubai is a destination that attracts the attention of the world with its extremely favorable conditions for living, investing and working. Among the advantages of investing in the global metropolis are: 6-10% rental yield, 13% short-term, 0% VAT for residential properties, flexible payment schemes and a favorable social environment. The UAE ranks among the safest places to live in the world. All cases related to the real estate market there are regulated by a special agency, through a strict framework of rules and laws, which protects the rights of investors. This further guarantees the security of investments.
As we know, Dubai is one of the fastest growing megacities in the world, with modern infrastructure, high-tech buildings and facilities and perfectly planned urban planning. A place that, not by chance, has attracted serious interest from investors from all over the world in recent years.
Despite all these advantages, Dubai is still a fairly cheap city to buy and invest in and has a wide range of options, both for wealthy buyers and customers with much more modest savings. In response to these trends and our desire to meet the needs of our clients, we have developed this new line of business, focusing specifically on the Dubai market.
In our portfolio there are proposals that would meet different needs and desires, the demand of customers with different budgets and ideas for using the purchased property. What is generating strong interest at the moment is the Dubai Creek Harbour area, where the world's tallest tower will be built and a shopping center that will be twice the size of the Dubai Mall. This architectural wonder, which will rise in the center of a luxury residential complex forming the new downtown of Dubai, is now attracting the interest of investors from all over the world.
Other highly valued areas for investment are Dubai Marina, Beachfront, Bluewaters and Palm Jumeirah, with its luxury skyscrapers, variety of dining and entertainment options, and attractive coastal city life. Downtown Dubai is also one of the most attractive areas, it is also home to the AED 73 billion project by Emaar Properties (who have a 75% market share of the Dubai real estate market) that we are offering through our partners at Bonne Apart UAE. It includes business, residential, hotel, entertainment and commercial units set in open green areas with lakes and other unique water features.
If we talk about investments, we cannot miss Beachfront, Arabian Ranches, Palm Jumeirah, JVC and Dubai Hills, which are considered as some of the most profitable investments in real estate.
What is most important, in fact, is that thanks to its partnership with the leading construction companies in Dubai, Unique Estates can offer its clients properties that are not only a safe investment, but also an investment that brings them high returns, with the possibility of over 30% capital increase.
The Unique Estates Dubai project has huge potential as everything, including the city's master plan, suggests that Dubai is yet to grow. Bulgarian clients already recognize us as their trusted partner when it comes to investments in this attractive destination.
What we have planned is the second phase of the training ''Sell Dubai!", which was organized for the employees of the real estate companies, part of the Realto Group. This time we will expand the territory and cover some of the bigger cities in the country to promote our new business line and service. We have planned meetings and trainings with colleagues, with which we will present the projects, market and real estate trends in the global metropolis to a wider audience. We already have many inquiries from Burgas, Varna, Plovdiv, Veliko Tarnovo and Stara Zagora - clients who are looking for ways to protect their savings from the effects of inflation and find better investment opportunities.
Another big thing coming up is Dubai Property Show 2 - the second edition of our exclusive Dubai Property Show, which we are planning for January 27th and 28th. Thus, we will offer another opportunity for Bulgarian clients to receive expert advice on how to invest in high-yield properties in the prestigious international business center of Dubai. The event will again be organized in cooperation with our official partner in the UAE - Bonne Apart UAE, who, given the strong interest, promise to send a larger part of their sales team. These are some of the most experienced and successful agents in the local market. Once again, visitors will have the opportunity to view a curated selection of premium projects and homes in Dubai and gain an insight into the many benefits of investing in the global metropolis.
I will be happy to see you on 27.01 - between 2 and 6 p.m. and on 28.01 - between 11 a.m. and 6 p.m. in our office at 10 "Oborishte" Street!