Leading tech-backed transaction and aggregation platform for global real estate Square Yards has announced launch of dedicated portal for property in UAE, squareyards.ae.
The new portal will focus on resale and rental markets in Dubai in addition to the off-plan primary market segment. The listings on the portal are fully syndicated with leading Dubai-based listing portals such as Dubizzle, Propertyfinder and Justproperty through backend tech integration.
Square Yards already has a robust presence in the UAE with offices in Dubai, Abu Dhabi and Sharjah. Within GCC, the company is also present in Oman and Qatar and now looking to expand to neighboring countries like Bahrain and Kuwait.
Square Yards has already been facilitating focused selling of off-plan properties in Dubai with tremendous sales velocity. The gulf countries currently contribute to ~30 percent of the overall revenue at Square Yards thanks to its strong relations with leading developers such as Emaar, Danube, Damac and Deeyar.
"The UAE real estate market is bustling with demand with Dubai clinching the spot as the most favored city of all GCC realty investors. The secondary real estate markets are particularly strong here due to high rental yields. However, no real estate agency has been to scale up beyond a few hundred agents. We want to build the finest and largest agency network in UAE to deliver superior real estate transaction experience to our customers," said founder and CEO Square Yards, Tanuj Shori.
Square Yards is currently expanding its agent network in Dubai and is hiring aggressively for it. Through this portal, it is equipping its sales agents with best-in-breed technology and marketing support as well as access to global projects marketed exclusively by Square Yards.
The company provides better income opportunities to its agents by giving them a blend of a brokerage percentage, passive income and attractive incentives and rewards and recognitions. It is also sponsoring visas, providing medical insurance and RERA Certification support for its agents.
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