Latest news with #CromptonPartners
Zawya
2 days ago
- Business
- Zawya
Crompton Partners leads the way in championing Emirati women property professionals in Abu Dhabi
Abu Dhabi: Multi-award-winning, British-owned property firm Crompton Partners is reaffirming its commitment to Emiratisation and the celebration of Emirati women in the lead-up to Emirati Women's Day this August. The Abu Dhabi-headquartered company has made it a strategic priority to champion national talent and promote meaningful women's representation across the business. This prioritisation aligns with the UAE's employment and empowerment goals - with recent figures underlining that the nation is blazing a trail when it comes to gender equality. Recent figures quoted in the Emarat Al Youm newspaper reveal that the number of Emiratis working in the private sector has grown by 325%, while women now make up 66% of the government workforce. Women now represent 46% of the total labour force, with a 30% increase in Emirati women working in the private sector. And women's participation in the UAE's industrial sector has grown by 21%. With 75 percent of its workforce comprising women, including all heads of departments, vice presidents and top-performing sales agents, Crompton Partners has cultivated an environment where women thrive at every level of the organisation. Five talented Emirati women are currently part of the team, and their success reflects a wider vision to support the UAE's national agenda and foster inclusive growth in the real estate sector. Senior Partner Helen Martin said, 'We recognise the immense talent within the Emirati community, particularly among women. Fostering their growth is not only aligned with the UAE's vision, it is fundamental to our success in the industry.' The company is a proud signatory of AmCham Abu Dhabi's WOMEN ACHIEVE initiative, underlining its long-term commitment to women's professional advancement. To support Emirati women entering the field, Crompton Partners has introduced a comprehensive free training programme that equips all new joiners with practical skills and foundational knowledge in market dynamics, legal frameworks, sales techniques and client engagement. Weaam Alhadhrami, Emirati Sales Consultant shares, 'I feel truly empowered in my work with Crompton Partners. They entrusted me with the opportunity to work with one of the top real estate developers for a year. As an Emirati woman, my presence significantly contributes to facilitating the experience for Emirati clients in particular - especially by having someone who understands their dialect, lifestyle, and housing needs, as well as their way of thinking.' She continues, 'To Emirati women considering a career in this sector, I say that real estate has become one of the most important fields that the country currently focuses on. There are many initiatives that support the empowerment of Emirati women, such as women's entrepreneurship programmes and access to real estate financing. I strongly encourage them to explore this field.' Managing Partner Ben Crompton says this training has proved invaluable to Emirati women who had not previously worked in real estate, but are now making a meaningful impact within the team. The company has also shifted its recruitment approach to target partnerships with local universities such as Zayed University, engaging students from an early stage and introducing them to the opportunities within the sector. In a field often perceived as male-dominated, Crompton Partners has worked hard to break stereotypes and create a culture where women professionals are fully supported. Promoting diversity is embedded in the UAE's societal framework, and protected by legislation. At Crompton Partners, weekly mentorship meetings provide practical guidance, while an open-door policy ensures every colleague has access to senior support. Flexible working options are available where possible, helping employees balance personal responsibilities with career ambitions. Crompton Partners also promotes visibility for its Emirati women through industry events and internal communications, making sure their achievements are recognised and celebrated. Emirati women at Crompton Partners are deeply involved in shaping the direction of the business. They contribute to strategy sessions, take ownership of projects and provide feedback on company policies, marketing, and service delivery. Managing Partner Ben Crompton notes, 'Emirati women agents play a vital role in our operations. Their cultural understanding and empathy allow them to connect with UAE clients in a way that builds lasting trust.' The company believes that valuing diverse voices is essential for business growth and cultural relevance. As it looks ahead to Emirati Women's Day, Crompton Partners remains focused on building a workplace where national talent is not only welcomed, but empowered to lead. About Crompton Partners: Crompton Partners is an award-winning, British-owned real estate firm in Abu Dhabi, committed to helping clients reach their property goals through trusted advice and professional service. With a focus on long-term client relationships and market expertise, Crompton Partners continues to shape the real estate landscape of the capital. To learn more, please visit Media contact: Ananda Shakespeare Shakespeare Communications ananda@
The National
3 days ago
- Business
- The National
My Abu Dhabi Salary: 'I earn up to Dh80,000 a month in property sales. You have to hustle hard'
Alexandra Warren moved to working in real estate after a six-year career in aviation as a flight attendant with Etihad Airways. The career switch felt like a natural progression, says the 32-year-old South African, who lives with her husband and four-year-old daughter in Al Raha Beach, Abu Dhabi. 'A role in aviation as cabin crew or flight attendant has you at the front line dealing with people, so you need strong interpersonal skills,' says Ms Warren, who works as a sales consultant at Crompton Partners Estate Agents in Abu Dhabi. 'Those are easily transferable skills. In real estate, too, we work with different people, so it was a natural transition.' Ms Warren, who is from Cape Town, finished a bachelor's degree in arts with a major in communication and psychology. She's been in the UAE for more than 11 years and has worked in property for just over two-and-a-half years. What was your first job and salary? My first job was right out of university in 2013, when I joined Etihad Airways as a flight attendant at the age of 21. I worked this job for six years. My salary at the time was around Dh11,000 ($2,995) to Dh12,000 a month. It fluctuated, based on our flights and rosters. I was travelling, enjoying and exploring, until Covid-19 happened and I was one among many of the cabin crew who were made redundant. Tell us about your current role. What is your salary now? I joined real estate over two years ago. I started off doing rentals and the average salary would range between Dh12,000 to Dh13,000 a month. It's a commission-based job. During an exceptional month in leasing, I would make around Dh25,000 to Dh30,000. A year ago, I was promoted and transitioned into sales. The salary has increased significantly, especially in the past six months. My July salary was around Dh195,000. It's hard to give an average figure as the income varies every month. I did a deal in February for an off-plan project. Sometimes, the developers take time to pay us. So, some of my commission in July would have been from a deal that was done a few months ago. On average, I earn about Dh70,000 to Dh80,000 a month. But it depends on the deal that you're making. We do not receive a basic salary, so what you put in is what you get out. You need to hustle hard to make money. This industry is all about trust, building relationships and networking. In this industry, referrals are important for your business. Do you manage to save and have considerable savings? I do. When I was doing leasing, it was quite difficult to save because my salary then was significantly smaller. With sales now, we're in a much better position where I'm able to provide or have a cushioning. I'm saving now and looking at investments of my own, which will probably be real estate as well. I have around Dh250,000 worth of savings now. That is a significant number from somebody who was a housewife two years ago. What asset classes do you invest in? We've only been investing in real estate. We own the three-bedroom apartment that we live in, which has appreciated well since we bought it. It was worth Dh2.5 million when we bought it last year and took out a mortgage to pay for it. It's currently worth Dh3.6 million. We also own a land plot in South Africa. Plots there are rare and valuable, so those perform well over a long period of time. We plan to eventually build on it, rent it out or sell it to invest and diversify our portfolio. It's currently rented out as a storage unit. My next investment will also be in Abu Dhabi real estate: a smaller property with a low entry point in one of the up-and-coming areas. Do you have any debt? Nothing except the mortgage, which my husband has been paying off. People say some debt can be healthy, but I haven't reached that stage yet. Growing up, were you taught how to handle your finances? Yes. My parents would tell me to work hard to build a good future for my kids and save every month, while still trying to maintain a healthy balance. That was something my dad always tried to instil in me. My father also has a strong real estate investment portfolio, so he's been able to guide me. What are your major monthly expenses? The mortgage mainly. Personally, my main expenses are on my daughter, pets, a nanny, gas and utilities. I pay municipal tax on our property in South Africa. I also pay service charges for our home here. How do you budget your salary every month? It depends on the money I earn that month. I do not live above my means. I budget by trying to set aside a certain amount for savings every month, just so I have that financial cushion. I just save what I can, at least more than half my income every month. Have you started saving for retirement? I haven't started saving for retirement, but I've started saving. I do not plan to retire anytime soon. My goal right now is to focus on investments in real estate that can provide me with a passive income stream when I retire. A certain amount of interest would come in and I wouldn't have to stress. That's something my parents have done for themselves. I see the way they live and that's something I want for myself. Watch: Why expat salary packages are not what they used to be Do you have an emergency fund? Yes, my savings. I'm working on increasing that number. What do you spend your disposable income on? Activities with my daughter, going out with friends, dinners, personal upkeep and retail therapy. I spend a maximum of Dh2,000 on myself each month. Do you worry about money? Everyone worries about money, especially when you have the responsibility of kids. I wouldn't say that I can't sleep at night. But we all want to be comfortable. We consider my kid's expenses as she grows up. My husband's work covers her school fees. But when she goes to university or college, that's an additional expense. I work hard to provide a comfortable life for my daughter. Having properties that have appreciated gives you a strong sense of reassurance, and knowing that we don't have liabilities in South Africa. What are your financial goals? My goal is to continue closing deals to bring in an income for myself, perform better than the previous month and the prior year. I want to exceed the targets that I set for myself. What is your idea of financial freedom? To not worry about finances, have a safety net and streams of income coming in from all my investments. Financial freedom is to be comfortable enough to eventually retire, not stress about finances and not live month to month. Do you earn passive income? Not yet. The rent that we earn from our plot in South Africa is paid towards the municipal levies every month. Our next investment will generate passive income, so it should be a rental property in the UAE or South Africa.
The National
4 days ago
- Business
- The National
My Abu Dhabi Salary: ‘I earn up to Dh80,000 a month on average in property sales'
Alexandra Warren moved to working in real estate after a six-year career in aviation as a flight attendant with Etihad Airways. The career switch felt like a natural progression, says the 32-year-old South African, who lives with her husband and four-year-old daughter in Al Raha Beach, Abu Dhabi. 'A role in aviation as cabin crew or flight attendant has you at the front line dealing with people, so you need strong interpersonal skills,' says Ms Warren, who works as a sales consultant at Crompton Partners Estate Agents in Abu Dhabi. 'Those are easily transferable skills. In real estate, too, we work with different people, so it was a natural transition.' Ms Warren, who is from Cape Town, finished a bachelor's degree in arts with a major in communication and psychology. She's been in the UAE for more than 11 years and has worked in property for just over two-and-a-half years. What was your first job and salary? My first job was right out of university in 2013, when I joined Etihad Airways as a flight attendant at the age of 21. I worked this job for six years. My salary at the time was around Dh11,000 ($2,995) to Dh12,000 a month. It fluctuated, based on our flights and rosters. I was travelling, enjoying and exploring, until Covid-19 happened and I was one among many of the cabin crew who were made redundant. Tell us about your current role. What is your salary now? I joined real estate over two years ago. I started off doing rentals and the average salary would range between Dh12,000 to Dh13,000 a month. It's a commission-based job. During an exceptional month in leasing, I would make around Dh25,000 to Dh30,000. A year ago, I was promoted and transitioned into sales. The salary has increased significantly, especially in the past six months. My July salary was around Dh195,000. It's hard to give an average figure as the income varies every month. I did a deal in February for an off-plan project. Sometimes, the developers take time to pay us. So, some of my commission in July would have been from a deal that was done a few months ago. On average, I earn about Dh70,000 to Dh8000 a month. But it depends on the deal that you're making. We do not receive a basic salary, so what you put in is what you get out. You need to hustle hard to make money. This industry is all about trust, building relationships and networking. In this industry, referrals are important for your business. Do you manage to save and have considerable savings? I do. When I was doing leasing, it was quite difficult to save because my salary then was significantly smaller. With sales now, we're in a much better position where I'm able to provide or have a cushioning. I'm saving now and looking at investments of my own, which will probably be real estate as well. I have around Dh250,000 worth of savings now. That is a significant number from somebody who was a housewife two years ago. What asset classes do you invest in? We've only been investing in real estate. We own the three-bedroom apartment that we live in, which has appreciated well since we bought it. It was worth Dh2.5 million when we bought it last year and took out a mortgage to pay for it. It's currently worth Dh3.6 million. We also own a land plot in South Africa. Plots there are rare and valuable, so those perform well over a long period of time. We plan to eventually build on it, rent it out or sell it to invest and diversify our portfolio. It's currently rented out as a storage unit. My next investment will also be in Abu Dhabi real estate: a smaller property with a low entry point in one of the up-and-coming areas. Do you have any debt? Nothing except the mortgage, which my husband has been paying off. People say some debt can be healthy, but I haven't reached that stage yet. Growing up, were you taught how to handle your finances? Yes. My parents would tell me to work hard to build a good future for my kids and save every month, while still trying to maintain a healthy balance. That was something my dad always tried to instil in me. My father also has a strong real estate investment portfolio, so he's been able to guide me. What are your major monthly expenses? The mortgage mainly. Personally, my main expenses are on my daughter, pets, a nanny, gas and utilities. I pay municipal tax on our property in South Africa. I also pay service charges for our home here. How do you budget your salary every month? It depends on the money I earn that month. I do not live above my means. I budget by trying to set aside a certain amount for savings every month, just so I have that financial cushion. I just save what I can, at least more than half my income every month. Have you started saving for retirement? I haven't started saving for retirement, but I've started saving. I do not plan to retire anytime soon. My goal right now is to focus on investments in real estate that can provide me with a passive income stream when I retire. A certain amount of interest would come in and I wouldn't have to stress. That's something my parents have done for themselves. I see the way they live and that's something I want for myself. Watch: Why expat salary packages are not what they used to be Do you have an emergency fund? Yes, my savings. I'm working on increasing that number. What do you spend your disposable income on? Activities with my daughter, going out with friends, dinners, personal upkeep and retail therapy. I spend a maximum of Dh2,000 on myself each month. Do you worry about money? Everyone worries about money, especially when you have the responsibility of kids. I wouldn't say that I can't sleep at night. But we all want to be comfortable. We consider my kid's expenses as she grows up. My husband's work covers her school fees. But when she goes to university or college, that's an additional expense. I work hard to provide a comfortable life for my daughter. Having properties that have appreciated gives you a strong sense of reassurance, and knowing that we don't have liabilities in South Africa. What are your financial goals? My goal is to continue closing deals to bring in an income for myself, perform better than the previous month and the prior year. I want to exceed the targets that I set for myself. What is your idea of financial freedom? To not worry about finances, have a safety net and streams of income coming in from all my investments. Financial freedom is to be comfortable enough to eventually retire, not stress about finances and not live month to month. Do you earn passive income? Not yet. The rent that we earn from our plot in South Africa is paid towards the municipal levies every month. Our next investment will generate passive income, so it should be a rental property in the UAE or South Africa.
Arabian Business
07-08-2025
- Business
- Arabian Business
Abu Dhabi real estate: Secondary property sales pass $555m in Q2 as price growth spreads across city with top areas seeing 47% price hikes
Abu Dhabi's secondary real estate market is heating up, with Q2 2025 recording 967 resale transactions worth over AED2.04bn ($555m) — a sign of deepening demand and widening price growth across the emirate's communities. According to the latest market report from Crompton Partners Real Estate, gains are no longer confined to high-end hotspots. Previously overlooked areas such as Reem Island and Al Reef have now joined the price surge, while established zones like Yas Island, Raha Beach, and Ghadeer posted some of the strongest growth on record. Abu Dhabi real estate growth The report shows that: Al Reem Island led in volume with 434 transactions worth AED775m ($211m) Al Reef 2 saw the highest annual turnover rate at 28 per cent, reflecting strong demand and fast-moving inventory Communities like Noya, Viva, and Luma on Yas Island saw prices jump by 47 per cent year-on-year Ghadeer Phase 1-Villas surged 35 per cent, Reef 2 by 33 per cent, and Bandar at Raha Beach by more than 30 per cent Ben Crompton, Managing Partner at Crompton Partners, said: 'The Abu Dhabi market continues to go from strength to strength in Q2 2025, but what we're beginning to see now is a more broad-based improvement. Abu Dhabi seems to be the flavour of 2025. 'Areas that had lagged in previous cycles, like Reem Island and Al Reef, are now catching up with impressive double-digit gains, while established hotspots on Yas Island, Raha Beach and Ghadeer continue to deliver 20% to 30% increases.' Abu Dhabi real estate price points ranged from: AED 7,585 per sqm ($2,064) in Reef 1 apartments To a high of AED 48,404 per sqm ($13,174) in Mamsha, making it the most expensive area in the secondary market. This wide spectrum underlines what Crompton calls 'the most diverse property landscape Abu Dhabi has ever seen,' offering everything from: Practical studios on Reem Island for first-time buyers Family-friendly townhouses in Ghadeer and Al Reef To luxury ten-bedroom beachfront villas on Saadiyat and Yas Islands Crompton added: 'Buyers can choose anything from ten-bedroom luxury seafront villas on Saadiyat and Yas Islands, designed with private beach access and high-end finishes, to practical, well-located studios on Al Reem Island, perfect for first-time buyers or investors seeking strong rental yields. 'Family-friendly townhouse communities in Al Reef and Ghadeer are offering space and value with double-digit growth, while vibrant hubs like Raha Beach and Marina Square deliver modern apartments in established neighbourhoods with all amenities on the doorstep. 'Whether you're looking for an ultra-premium lifestyle or an entry point into the market, Abu Dhabi has options to suit every budget and every kind of buyer.' The report highlights that very few communities saw price growth below 10 per cent, a trend last observed in Dubai's 2022–23 property surge. The shift signals rising confidence in Abu Dhabi's resale market and a more broad-based upswing than previous quarters.
Zawya
07-08-2025
- Business
- Zawya
Abu Dhabi's secondary property market hits new highs as growth broadens across the capital
Abu Dhabi: Abu Dhabi's secondary property market – where buyers purchase previously owned homes – continued its upward trajectory in Q2 2025, recording 967 transactions worth over AED 2 billion (AED 2,048,544,561). According to the latest market report from Crompton Partners Real Estate, gains are no longer limited to a handful of hotspots, with price growth now spreading more broadly across the emirate's communities. The report reveals that areas which had previously lagged, including Reem Island and Al Reef, are now recording double-digit price increases. Well established hotspots such as Yas Island, Raha Beach, and Ghadeer posted gains of over 30% in several developments. And with very few communities seeing growth below 10%, the capital city's secondary property sales market is showing the kind of widespread momentum last seen in Dubai during its 2022–23 surge. According to Crompton Partners' latest report, most areas recorded double-digit increases year-on-year, with only a handful experiencing slight declines. Al Reem Island led transaction volumes with 434 units sold worth AED 775 million, while Al Reef 2 posted the highest annual turnover rate at 28%, underlining strong buyer demand for established properties, and reflecting fast-moving inventory. The standout performers were Noya, Viva and Luma on Yas Island, which saw prices surge 47% compared to Q2 2024, while Water's Edge, West Yas, Yas Acres and Ansam all posted gains above 20%. Ghadeer Phase 1-Villas climbed 35%, Reef 2 rose 33%, and Bandar at Raha Beach saw gains of over 30%. Price growth across communities ranged from AED 7,585 per square metre in Reef 1 Apartments to AED 48,404 in Mamsha, the highest average per square metre in the city, highlighting the diversity of investment opportunities available in the resale market. Commenting on the report's findings, Ben Crompton, Managing Partner at Crompton Partners, says: 'The Abu Dhabi market continues to go from strength to strength in Q2 2025, but what we're beginning to see now is a more broad-based improvement. Abu Dhabi seems to be the flavour of 2025. Areas that had lagged in previous cycles, like Reem Island and Al Reef, are now catching up with impressive double-digit gains, while established hotspots on Yas Island, Raha Beach and Ghadeer continue to deliver 20% to 30% increases.' 'The range of pricing per square metre serves to highlight an increasingly diverse market with opportunities across all price points. As we look across Abu Dhabi's secondary market right now, the range of property options is wider than it's ever been,' said the real estate expert, adding: 'Buyers can choose anything from ten-bedroom luxury seafront villas on Saadiyat and Yas Islands, designed with private beach access and high-end finishes, to practical, well-located studios on Al Reem Island, perfect for first-time buyers or investors seeking strong rental yields. 'Family-friendly townhouse communities in Al Reef and Ghadeer are offering space and value with double-digit growth, while vibrant hubs like Raha Beach and Marina Square deliver modern apartments in established neighbourhoods with all amenities on the doorstep. Whether you're looking for an ultra-premium lifestyle or an entry point into the market, Abu Dhabi has options to suit every budget and every kind of buyer." The second quarter recorded 967 resale transactions across major communities, totalling over AED 2 billion (AED 2,048,544,561) in value. Almost every area registered double-digit year-on-year price growth, with only a few exceptions, underlining robust buyer demand and a more broad-based upswing than seen in previous quarters. About Crompton Partners: Crompton Partners is an award-winning, British-owned real estate firm in Abu Dhabi, committed to helping clients reach their property goals through trusted advice and professional service. With a focus on long-term client relationships and market expertise, Crompton Partners continues to shape the real estate landscape of the capital. To learn more, please visit About Ben Crompton: As Managing Partner of Crompton Partners, Ben launched the property firm in 2012, where he oversees the sales and leasing teams and manages the company's overall strategic direction in Abu Dhabi. Specialising in the investment and legal side of property and real estate in Abu Dhabi, Ben is a renowned media figure, regularly called upon for his opinions in UAE national media. As holder of a Bachelor of Law degree from the University of Cambridge, he is uniquely positioned to write a significant amount of guidance on the legal and practical aspects of leasing and selling land, buildings and individual property. Media contact: Ananda Shakespeare Shakespeare Communications 00 971 50 296 0503 ananda@
