North American Report

Tiger Group Global CEO “Emirates 2022 Real Estate Market Continues to Smash rental Prices and Sales Records.”

 Breaking News
  • No posts were found

Tiger Group Global CEO “Emirates 2022 Real Estate Market Continues to Smash rental Prices and Sales Records.”

February 28
16:51 2023

The residential in Emirates and the real-estate markets maintained their ascent in 2022, with foreign demand resulting in intense competition and many record-breaking sales. In UAE, Tiger Group Global is considered one of the market leaders for luxury and affordable residential real estate. 

According to The Group’s Chairman, Eng.Waleed Mohammad AlZoubi “it is not enough to represent residences in the Emirates; you must also know how to market them and to whom you sell them”. Eng.Waleed Mohammad AlZoubi is Tiger Group’s CEO in UAE, overseeing over 1000-member staff. 

Tiger Group Global, listed as one of the top five real estate companies in the United Arab Emirates, invested Dh10 billion to develop residential and hospitality projects in 2020. They also built a city of 100 towers in Ajman. The group delivered 2,000 apartments in the UAE in 2019 and 6,000 units in 2020.

In an era where social media and television make selling properties appear simple, Tiger Group’s success as one of the most trusted real estate companies took time to occur. Eng.Waleed AlZoubi ‘s hard work and using technology with high effort in marketing have led the company to its current position. This entails gaining the respect and trust of the company’s client.

“When I began with Tiger Group Global 10 years ago, the company was a family business; but I can say for this time Real estate job is a fascinating, enjoyable, and interesting business that has only grown and is an incredible challenge every day,” he says. Now Dubai is considered one of the top city’s investors have targeted to invest in real estate.

TIGER GROUP Global is considered one of the UAE’s oldest real estate development companies. It was founded in 1976 by H.H. Sheikh Faisal Bin Khalid Bin Mohammad Al Qassimi to participate in building the United Arab Emirates by delivering landmark projects to the highest possible quality standard that exceeds the customers’ expectations.

CEO Mr. Walid recently met with the company’s board of members to discuss 2023 market dynamics and what’s driving the real estate boom in Dubai.

Mr. Walid: “2022 is considered the best year ever recorded. The total transaction volume for 2022 was the highest, with sales values of over DH 20.3 billion. Off-plan sales were up nearly 95% compared to 2021, and 60% more apartments were sold.

This upward trend in Dubai’s property rental and sales prices can be attributed to the emirate’s efficient policies and visa reforms, contributing to Dubai’s growing popularity as a long-term residence. We observed a significant desire for bigger apartments, while branded and fancy apartments remain popular for ex-pats.”

Media Contact
Company Name: Tiger Group
Contact Person: Oula Chahin
Email: Send Email
Country: United Arab Emirates