Global real estate and proptech group IQI has expanded its presence in Dubai with the opening of a new office designed to cater to the growing demand for real estate in the city.
Global real estate group IQI has continued its momentum in the United Arab Emirates, opening a new office in Dubai.
Developed under the guidance of IQI Global, the updated structure of the headquarters’ office coupled with the new management of IQI Dubai, is geared to "breathe new air" into the "customer’s satisfaction centric businesses of serving the property industry of the UAE".
It comes after the successful merger of IQI and Juwai.com, a leading property portal for Chinese investors, which generated increased interest in Dubai from foreign buyers.
IQI Group CEO Kashif Ansari said there was a need to cater for the steady growth in Dubai's real estate market.
“We have seen increased demand for Dubai real estate from Asia and the rest of the world," he said.
"The initiatives from the Dubai government are very positive, especially with the proactive and prudent visa strategies which have aligned with the 50-year plan for the Emirates and the frenzy leading up to the Expo 2020.”
"With such plans in place to attract more investors and potential visitor, we are filled with anticipation in converting to long-term residents which will invert the property market demand curve to match the supply."
In order to better serve Dubai's real estate market, IQI recently announced a partnership with Key One Realty Group.
Mr Ansari said it was an "exciting" to work with the group.
"With the data from the 3.3 million visitors every month on Juwai.com, we’re able to analyse the trends and demand for property in specific regions and tailor products to meet those needs," he said.
Juwai.com currently serves a large number of buyers from China and South East Asia and the merged company now plans on expanding its success across the Middle East, North Africa and India.
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