Latest news with #WCapital
Arabian Business
17-05-2025
- Business
- Arabian Business
Off-plan real estate sales in Dubai have already reached $24.5bn this year as high returns and easy finance lure investors
Off-plan Dubai real estate sales have already reached AED90bn ($24.5bn) so far this year, according to W Capital data. The findings, based on data from the Dubai Land Department, indicated that the Dubai real estate market witnessed 40,500 off-plan property transactions between January and May 15, 2025. The AED90bn ($24.5bn) total, making 38 per cent of total market sales. Off-plan real estate in Dubai Ready-built properties, which recorded AED147.4bn ($40.1bn), accounted for 62 per cent of sales during the same period. According to the data, off-plan transactions included 36,359 residential units and 4,141 buildings. W Capital CEO Walid Al Zarooni said: 'Dubai's off-plan real estate market is witnessing significant growth in 2025, making it a preferred destination for local and international investors,' He stated that off-plan properties in Dubai have become a preferred investment choice for many investors, thanks to a number of factors that enhance their attractiveness in the real estate market. He noted that among the most prominent of these factors are competitive prices, as off-plan properties are offered at prices ranging from 5 per cent to 15 per cent lower than ready properties, offering attractive opportunities to obtain residential units at reasonable prices. He also pointed out that developers offer flexible payment plans that help investors easily finance their purchases, including the options of paying only 50 per cent upon delivery. Al Zarooni said: 'Off-plan properties in Dubai also boast high rental returns of up to 7 per cent, making them an attractive option for those seeking a steady and stable return on their investments'. As for the future of the market, Al Zarooni expects demand for this type of property to continue rising in the coming years, due to Dubai's population growth and the increased need for new housing units. He also noted that significant government investments in infrastructure projects play a vital role in supporting this trend, especially as the emirate seeks to reach a population of 5.8m by 2040. This will directly contribute to boosting real estate market activity and increasing investment in new residential projects. He added: 'Modern real estate legislations and the effective regulatory role of government agencies were among the most prominent factors that contributed to establishing a stable and secure investment environment'. He confirmed that laws that guarantee investors' rights, in addition to strict regulations for licensing off-plan projects, have increased confidence and transparency in the market, making investment more attractive and less risky. Al Zarooni said that the improvement in real estate financing services has significantly contributed to increasing demand for new real estate projects, especially with some banks offering financing plans specifically for off-plan properties.
Zawya
17-05-2025
- Business
- Zawya
W Capital survey show off-plan properties sales topped AED 90bln since January
Dubai, United Arab Emirates: W Capital, a leading Dubai real estate brokerage, noted that off-plan property sales, sought after by many investors, have reached a new high since the beginning of 2025, exceeding AED 90bn. The survey, based on data from the Dubai Land Department, DLD, indicated that the Dubai real estate market witnessed 40,500 off-plan property transactions between January and May 15, 2025, valued at AED 90bn, making 38% of total market sales. Ready-built properties, which recorded AED 147.4bn, accounted for 62% of sales during the same period. According to the data, off-plan transactions included 36,359 residential units and 4,141 buildings. 'Dubai's off-plan real estate market is witnessing significant growth in 2025, making it a preferred destination for local and international investors,' said CEO Walid Al Zarooni. He stated that off-plan properties in Dubai have become a preferred investment choice for many investors, thanks to a number of factors that enhance their attractiveness in the real estate market. He noted that among the most prominent of these factors are competitive prices, as off-plan properties are offered at prices ranging from 5% to 15% lower than ready properties, offering attractive opportunities to obtain residential units at reasonable prices. He also pointed out that developers offer flexible payment plans that help investors easily finance their purchases, including the options of paying only 50% upon delivery. 'Off-plan properties in Dubai also boast high rental returns of up to 7%, making them an attractive option for those seeking a steady and stable return on their investments,' the CEO said. As for the future of the market, Al Zarooni expects demand for this type of property to continue rising in the coming years, due to Dubai's population growth and the increased need for new housing units. He also noted that significant government investments in infrastructure projects play a vital role in supporting this trend, especially as the emirate seeks to reach a population of 5.8 million by 2040. This will directly contribute to boosting real estate market activity and increasing investment in new residential projects. Walid Al Zarooni pointed out that Dubai's real estate market is attractive because of the great diversity of off-plan projects, whether in terms of locations, designs, or finishing standards, providing a wide range of options that meet the various needs and preferences of investors. He believes this diversity to reflect the market's accelerating maturity and enhance Dubai's position as a preferred destination for real estate investment regionally and globally. 'Modern real estate legislations and the effective regulatory role of government agencies were among the most prominent factors that contributed to establishing a stable and secure investment environment,' Al Zarooni said. He confirmed that laws that guarantee investors' rights, in addition to strict regulations for licensing off-plan projects, have increased confidence and transparency in the market, making investment more attractive and less risky. Al Zarooni said that the improvement in real estate financing services has significantly contributed to increasing demand for new real estate projects, especially with some banks offering financing plans specifically for off-plan properties. This has provided a greater opportunity for first-time buyers to benefit from attractive returns. He also noted that the economic momentum generated by Dubai's hosting of major global events has directly impacted the real estate market. These events have accelerated the pace of new project launches and increased demand for properties under construction, at a time when the emirate seeks to continue growth and attract more long-term investments. About 'W Capital': 'W Capital Real Estate Brokerage' was established in 2007 in the United Arab Emirates, specializing in real estate development, buying, selling, renting as well as consulting services for real estate companies. Since its inception, the company has sold over AED 200 million of properties to major developers. About Walid Al Zarooni: Walid Al Zarooni is the founder and Chairman of W Capital Real Estate Brokerage. A certified real estate expert from the Dubai Real Estate Regulatory Agency 'RERA', he is the author of 'Secrets of the Smart Real Estate Investor'. Al Zarooni is one of the first experts to harness social media to raise the public awareness about real estate. He provides almost free advice on a daily basis, as well as latest news and updated information through videos and posts on social media platforms such as " Instagram ",' Snapchat " and 'Twitter', on which he is very active.
Arabian Business
04-03-2025
- Business
- Arabian Business
Dubai real estate sales hit AED100bn in record time, Ramadan boost expected
Dubai real estate sales reached AED100bn ($27.2bn) in record time this year, according to W Capital brokerage. W Capital said the landmark achievement was reached on March 4 this year. At just 44 working days this is the fastest the market has seen this level of sales, after hitting the AED100bn mark on March 22, 2024, last year, according to Land Department data. Dubai real estate sales The same value was achieved on April 11 in 2023. Walid Al Zarooni, W Capital CEO, said: 'The succession of these record numbers confirms beyond doubt that the real estate sales boom in Dubai is ongoing and will not subside in the near future, which will make 2025 a new historic year for the real estate market in the emirate'. Al Zarooni stated that sales in the first two months of the year recorded AED94.8bn ($25.8bn), resulting from more than 30,000 transactions, an increase of 32 per cent year-on-year, according to data from DLD. The real estate market transactions during the same period amounted to about AED127.4bn ($34.7bn). Walid Al Zarooni expected that real estate sales during Ramadan this year would be record-breaking, noting that they recorded more than AED36bn ($9.8bn) last year, and about AED30bn ($8.2bn) in Ramadan the year before. He confirmed that prospects of growth this year will be based on the momentum that has continued since 2020, in light of the market benefiting from the economic recovery and the success of plans to attract foreign investors and provide residency facilities. Walid Al Zarooni added that there are many internal factors that have contributed to enhancing this growth, most notably the political, security, and economic stability enjoyed by the UAE, which has provided great support for the ongoing activity in the real estate market. Al Zarooni explained that the Dubai real estate market continues to achieve sustainable growth, competes with the largest global markets, and even outperforms them in some aspects. He pointed out that Dubai has become the first and preferred real estate market for many wealthy people and investors in the region and the world. Al Zarooni said: 'Dubai has managed to achieve the difficult equation of providing an ideal environment for work, investment and living at the same time. This diversity in the economic environment reflects the availability of good investment opportunities, in addition to legislation that guarantees the rights of all, which enhances investors' confidence in the local economy. 'Moreover, the state-of –the-art infrastructure, security and safety have contributed to enhancing the attractiveness of the real estate market'.
Zawya
04-03-2025
- Business
- Zawya
Dubai real estate sales recorded the first AED100bln since the beginning of 2025,W Capital
Successive record numbers in real estate sales make sure that 2025 will be a new historic year Dubai, United Arab Emirates: "W Capital" the Dubai-based real estate brokerage, has assessed the Dubai real estate market which recorded sales worth AED100bn from the beginning of 2025 until March 4 (44 working days), at unprecedented range which means it is the fastest to reach such a value in a short time. According to W Capital's assessment, which relied on data from the Dubai Land Department, the AED 100bn sales recorded last year were achieved on March 22, 2024, while the same value was achieved on April 11, 2023. 'The succession of these record numbers confirms beyond doubt that the real estate sales boom in Dubai is ongoing and will not subside in the near future, which will make 2025 a new historic year for the real estate market in the emirate,' said Walid Al Zarooni, W Capital CEO. Al Zarooni stated that sales in the first two months of the year (January and February) recorded AED 94.8bn, resulting from more than 30,000 transactions, an increase of 32% year-on-year, according to data from DLD. The real estate market transactions during the same period amounted to about AED 127.4bn. Walid Al Zarooni expected that real estate sales during Ramadan this year would be record-breaking, noting that they recorded more than AED36bn last year, and about AED30bn in Ramadan the year before (2023). He confirmed that prospects of growth this year will be based on the momentum that has continued since 2020, in light of the market benefiting from the economic recovery and the success of plans to attract foreign investors and provide residency facilities. Walid Al Zarooni added that there are many internal factors that have contributed to enhancing this growth, most notably the political, security, and economic stability enjoyed by the UAE, which has provided great support for the ongoing activity in the real estate market. Al Zarooni explained that the Dubai real estate market continues to achieve sustainable growth, competes with the largest global markets, and even outperforms them in some aspects. He pointed out that Dubai has become the first and preferred real estate market for many wealthy people and investors in the region and the world. 'Dubai has managed to achieve the difficult equation of providing an ideal environment for work, investment and living at the same time. This diversity in the economic environment reflects the availability of good investment opportunities, in addition to legislation that guarantees the rights of all, which enhances investors' confidence in the local economy. Moreover, the state-of –the-art infrastructure, security and safety have contributed to enhancing the attractiveness of the real estate market.' He concluded. About 'W Capital': 'W Capital Real Estate Brokerage' was established in 2007 in the United Arab Emirates, specializing in real estate development, buying, selling, renting as well as consulting services for real estate companies. Since its inception, the company has sold over AED 200 million of properties to major developers. About Walid Al Zarooni: Walid Al Zarooni is the founder and Chairman of W Capital Real Estate Brokerage. A certified real estate expert from the Dubai Real Estate Regulatory Agency 'RERA', he is the author of 'Secrets of the Smart Real Estate Investor'. Al Zarooni is one of the first experts to harness social media to raise the public awareness about real estate. He provides almost free advice on a daily basis, as well as latest news and updated information through videos and posts on social media platforms such as " Instagram ",' Snapchat " and 'Twitter', on which he is very active.
Zawya
19-02-2025
- Business
- Zawya
W Capital latest villa sale in Palm Jebel Ali for AED 20mln
Dubai, UAE: W Capital, the leading Dubai-based real estate brokerage, announced the sale of a villa in Palm Jebel Ali for AED 20.05million. 'We have once again succeeded in providing real estate brokerage services for the sale of a villa in Palm Jebel Ali at a price exceeding AED 20 million,' said Walid Al Zarooni, W Capital CEO. He noted that the 5 bedrooms villa was constructed on land area of about 7,940 square feet, while the building area is 7,577 square feet. The Palm Jebel Ali project extends over an area of 13.4 square kilometers, and has the longest coastline among all Dubai destinations, with great investment opportunities. There was always strong demand for The Palm Jebel Ali project since inception in October 2023. Last year's real estate transactions contained about 225 land sales worth nearly AED 6bn, raising the project's sales to AED 20bn in land sales, according to data from the Dubai Land Department. Al Zarooni revealed that the great diversity and unprecedented demand in the Dubai real estate market boost record sales weekly, monthly and annually. Over 4 consecutive years that diversity was sufficient to ensure upward trajectory in real estate transactions with expectations to exceed one trillion dirhams in the coming few years. The CEO confirmed that the Dubai market is still achieving sustainable growth competing major global markets, and even surpassing them. Dubai has become the first choice real estate market for many wealthy people and investors in the region and the world. He pointed out that the Dubai market has proven best quality, achieving great gains for investors who has got good returns, while there are still attractive opportunities. That will require investors accelerate the purchase process as well as studying the market well and seeking the help of experienced people. -Ends- About 'W Capital': 'W Capital Real Estate Brokerage' was established in 2007 in the United Arab Emirates, specializing in real estate development, buying, selling, renting as well as consulting services for real estate companies. Since its inception, the company has sold over AED 200 million of properties to major developers. About Walid Al Zarooni: Walid Al Zarooni is the founder and Chairman of W Capital Real Estate Brokerage. A certified real estate expert from the Dubai Real Estate Regulatory Agency 'RERA', he is the author of 'Secrets of the Smart Real Estate Investor'. Al Zarooni is one of the first experts to harness social media to raise the public awareness about real estate. He provides almost free advice on a daily basis, as well as latest news and updated information through videos and posts on social media platforms such as " Instagram ",' Snapchat " and 'Twitter', on which he is very active.
