A London-based property management firm has launched a real estate offering in Dubai.
SBA Properties said it will offer a diverse portfolio of properties spanning from Dubai’s business district to exclusive waterfront villas.
The firm will cater for investors, expats, and local buyers, while it will have off-plan and ready-built properties.
Farhan Khattak, director at SBA Properties, said: “Dubai’s real estate market continues to grow at an unprecedented rate, with tens of thousands of new properties set to complete this year. This new venture marks a significant milestone in our mission to provide luxurious and innovative living spaces for buyers and investors.
“The city’s vast supply chain, from new luxury villas to business apartments, means it is a prime destination for both local and global buyers. Recognising the wealth of opportunity in the city, it made perfect sense for us to expand our presence on the ground with a new office in Business Bay.
“With over 40 years of real estate industry experience behind us, we are well equipped to identify and create investment opportunities that promise lucrative returns and have long-term growth potential. We look forward to expanding our services in Dubai and supporting clients.”
In 2024 Dubai’s residential sales transactions registered a 16% growth in value and a 20% increase in volume compared to the same period last year.
Tim Darwall-Smith, director at SBA Property Management, added: “Drawing on over four decades of experience in the UK, we recognise that now is the perfect time to take advantage of the wealth of opportunities in Dubai’s real estate market.
“Our proven track record in block management in London has meant that we have already received strong interest from some of our local landlords and investor clients about potential investments and lettings in Dubai. We look forward to continuing to grow our expertise in this area as well as building our core business in London.”