The Roof Properties, a real estate company in the UAE, recorded Dh180 million in real estate transactions in 180 days after launching its third branch in Dubai in July 2022.
The founder and CEO, Mohammed Al-Rabah, expressing his admiration for Dubai and said, “His Highness Shaikh Mohammad bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched Dubai 2040 Urban Master Plan with a vision for future progress. This is the primary source of inspiration and enthusiasm for us to achieve more and add more value to people who seek permanent residence or are looking to purchase real estate in Dubai”.
The company ranked 14th worldwide out of 5,500 real estate companies working for the leading real estate developers in the UAE.
He stressed that the increase in demand for real estate is continuing, with a gradual increase of 67% in the first quarter of 2023.
This confirms that more and more Arabs as well as foreign investors and businessmen are attracted to invest in Dubai for the future with Dubai being one of the safest cities in the world. Dubai’s legal system also attracts more investors across all sectors, especially the real estate market.
He further added that the company has a pipeline of activities even for the Ramadan season which otherwise is considered a slow time. "We are expecting a very encouraging response from the European, UK, and Russian markets," says Al-Rabah.
Company’s Vice President, Nada K.M. Abdukadar added that In addition to planned sales of Dh100 million in its main branch in Al Ain, the company aspires to increase its sales by 100 per cent in the current fiscal year after announcing the opening of its third branch in Dubai in partnership with a foreign investor and entrepreneur to attract and serve foreign investors.