"Shaikhani Group: Reviving Dubai's Real Estate Market and Achieving New Milestones"

 

Shaikhani Group, one of the most influential real estate developers in Dubai, is back with its new venture. The company had its glorious past during the nineties and even after a brief phase of some lean years, they are back again with a bang. Based out of Gardenia, Rabia Enclave, and The Motorcity, the Shaikhani Group has been developing high-quality residential and commercial properties in Dubai and Karachi for the last two decades under the banner of Real Estate Developers Shaikhani Group. When it comes to their associates, we have seen some of the best on this list as well. Here’s everything about them!

 

With a strong presence in Gardenia, Rabia Enclave, and The Motorcity, the Shaikhani Group is one of the most prominent real estate developers in Dubai. Despite facing a few setbacks in the past, the company has made a successful comeback and continues to flourish. Under the Real Estate Developers Shaikhani Group banner, the company has been delivering top-notch residential and commercial properties in Dubai and Karachi for the last two decades. The company has collaborated with some of the best associates in the industry.

Dubai sees 612 sales transactions on Tuesday May 23. The Dubai real estate market recorded AED3.5bn ($955m) of property transactions on Tuesday, according to Land Department data. The sector saw 612 sales transactions worth AED2.51bn, in addition to 126 mortgage deals of AED613.53m, and 20 gift deals amounting to AED368.66m. The sales included 552 villas and apartments worth AED1.38bn, and 60 land plots worth AED1.13bn. The mortgages included 90 villas and apartments worth AED261.07m and 36 land plots valued at AED352.47m. Earlier in the day, it was reported Dubai witnessed its fastest and biggest real estate deal with the sale of an AED50m penthouse in just three days. The property is located in the FIVE Luxe Sensoria Tower. The buyer was a first-time investor from the Netherlands, seeking to expand his business to the UAE. The transaction was made by Penthouse.ae, the luxury division of Metropolitan Premium Properties. The penthouse features five bedrooms and spans over 7,900 square feet; each resident will have their own private entrance and coastal views.

"Dubai Real Estate Market Surges: Gardenia Residency Shines in Jumeirah Village Circle"

 

According to the Dubai Property Market Report by Bayut, sales prices in Dubai surged by an impressive 24% in the first three months of 2023. The Dubai Land Department (DLD) recorded 30,767 residential real estate sales deals worth AED 87.9B (USD 23.9B) during this period, reflecting the robust growth of the market.

 

Dubai Marina emerged as the most sought-after area for luxury apartments, with a 12.5% increase in the average price per square foot, reaching AED 1,529 (USD 416) in Q1 2023. Meanwhile, Palm Jumeirah witnessed a rise of 23.3% in the price per square foot for upscale villas, averaging at AED 3,711 (USD 1,010).

 

Investors seeking high yields found International City to be the most lucrative option, boasting an average return on investment (ROI) of 9.16% during the first quarter of 2023. For prime villa rentals, Umm Suqeim experienced a surge of up to 50% in rental prices across various configurations, with average rates of AED 271,000 (USD 74,000), AED 315,000 (USD 86,000), and AED 474,000 (USD 129,000) for 4, 5, and 6-bedroom units, respectively.

Gardenia Residency, within Jumeirah Village Circle, offers a strategic location and premium amenities, making it an attractive choice for investors and residents seeking a luxurious and comfortable lifestyle in Dubai's vibrant real estate market. By leveraging knowledge, persistence, and understanding clients' needs, real estate professionals can successfully secure direct deals in this dynamic industry. With Gardenia Residency's offerings and effective strategies, the journey to securing a direct deal becomes even more rewarding.

"Success in Real Estate: The Art of Securing Direct Deals"

In the world of real estate, securing a direct deal can be a significant challenge. However, with patience, persistence, and untiring efforts, it is possible to achieve success. As a real estate professional, I understand the importance of keeping a close eye on market activities, trends, and agencies, and approaching them to register and work with our team. We collect data from them regarding brokers and investors and follow up relentlessly to engage them in site visits.

In my experience, a successful direct deal requires creativity, determination, and an ability to understand the client's needs. For example, in my first deal, a walk-in customer showed interest in our project, and I paid full attention to him by presenting our project and demonstrating our expertise as developers. I convinced him that a direct deal with us would be beneficial for him, and after continuous follow-up and reminders, we closed the deal.

Similarly, in my second deal, I communicated with an agent sent by Shah, and sent various proposals with project presentations, brochures, renders, and videos. Although his client initially showed no interest, I continued to follow up and registered his agency with us. Eventually, I convinced the agent to bring his client back to the site, where I successfully converted him to purchase a 3BHK instead of a 2BHK. With the help of my team, we successfully closed the deal after bargaining and creating a drama that lasted three hours.

I recognize that real estate is a team effort, and I am grateful for the contributions of my colleagues, including Mr. Syed, Mr. Shah, and Mr. Kashif, who work hard to satisfy clients and handle any necessary alterations. With our combined efforts and expertise, we aim to continue to achieve successful direct deals in the real estate industry.

In conclusion, securing a direct deal in the real estate industry requires a combination of patience, persistence, and creativity. Understanding the market, identifying potential clients, and engaging them through site visits and continuous follow-up are essential. Direct deals are possible with determination and an ability to understand the client's needs, and a team effort with the support of colleagues can make the process smoother. With these efforts and strategies, real estate professionals can continue to achieve success in securing direct deals.