- Facility offers real estate advisory, asset management, private equity, sales and marketing services
Medallion Associates, a real estate and investment advisory firm, has opened its third branch in Pakistan, after offices in the United Kingdom (UK) and Malaysia, as part of its continued attempt to increase the flow of ‘foreign investments in Dubai. This development further expands the company’s extensive global business network amid sustained investor interest in the Emirate.
A team of specialists will manage the installation and provide services to potential clients in the areas of real estate consulting, private equity, asset management, real estate development and sales and marketing for top projects. range.
Masood Al Awar, CEO of Medallion Associates, said: “Our new branch in Pakistan is part of our expansion strategy that covers key markets around the world. Against the backdrop of continued demand for real estate in Dubai, this move will bring us closer to our clients in the country and the rest of the South Asian region, with the ultimate goal of increasing investor interest in Dubai. Pakistan is known to be one of the UAE’s global trading partners. It has been investing for a long time in the various sectors of the Emirates, including real estate, and vice versa. By expanding into the country, we are confident that we can help attract more foreign investment to Dubai. ”
Foreign investors continue to view Dubai as a smart investment and capitalize on the many growth opportunities in all sectors of the emirate. As one of the fastest growing metropolitan cities in the Middle East, Dubai is seen as a magnet for investors, expats and tourists from around the world. This can be attributed to its economic, political and social stability, safety and security, attractive residence options, strong education and health infrastructure, and many more.
In terms of real estate investments, Dubai is a top destination for international investors due to high rental yields. During the first quarter of 2021, the volume of real estate transactions in the emirate increased by 44% on an annual basis. A market boom is expected this year, with the real estate community planning to benefit hugely from the upcoming Expo 2020 global event.
“As a Global Real Estate Development Trustee, a title granted to us by the Dubai Land Department, we are well positioned to engage with investors wishing to be a part of the Dubai real estate market. Our portfolio and track record are essential for building trust and integrity, as well as forging dynamic relationships with stakeholders wherever they are in the world, ”said Al Awar.
The UAE remains keen to encourage more businesses to come to its shores in order to strengthen their foreign direct investment flows and achieve their overall economic diversification goals in line with the government’s Vision 2021.
Foreign investors are attracted by the many advantages and incentives offered by the United Arab Emirates and in particular Dubai, including the absence of direct taxation of companies or individuals outside the oil, banking and insurance sectors, as well as the ‘absence of exchange controls or constraints linked to the repatriation of funds. .
The UAE’s attractiveness is in addition to its favorable business environment and its economic diversification initiatives aimed at reducing its dependence on oil revenues. The recently adopted law on commercial companies is also expected to generate more investor interest in the Gulf country.
For more information, please contact:
CommuniGate Middle East
POBox 500270, Dubai, United Arab Emirates
Phone. : +971 4 4546093
Fax: +971 4 3612432
Email: [email protected]
© Press release 2021