fäm Properties on the Importance of Real Estate Development Management Services
The ever-evolving landscape of Dubai’s real estate market keeps attracting a wave of new real estate investors, construction contractors, fund managers, and first-time international developers. These newcomers are drawn by the attractive profit margins but often find themselves navigating through the complexity of the market with little to no local experience, posing a significant hurdle to their success.
In such a dynamic environment, the question arises: How can real estate services streamline this process, making it not just manageable but also lucrative for these aspiring property owners? The answer, according to fäm Properties, a prominent Dubai-based real estate development service, is found within their experienced and reliable real estate development management services.
The cornerstone of real estate investment has long been articulated as “location, location, location”, underscoring the significance of geographical placement. fäm Properties, however, extends this notion by emphasizing the criticality of selecting “the right property or project on the right plot of land in the right location.” This approach highlights that successful real estate investment encompasses more than just choosing a prime locale; it involves a comprehensive strategy that takes into account the unique characteristics and potential of both the property and its land.
For new developers, particularly those unfamiliar with the local market, sifting through these intricate considerations can be daunting. The challenge lies in analyzing market trends, understanding local regulations, and balancing a multitude of factors to unearth the optimal investment opportunity. Here, fäm Properties steps in with its expert guidance, assisting developers in navigating these complexities to make informed decisions that elevate profitability while minimizing risks.
As recognized by the market, fäm Properties has established a robust ecosystem that incorporates real estate brokerage, prop-tech, and development. Firas Al Msaddi, the founder, believes that this ecosystem allows real estate investors to confidently step into the development market, aiming for profit margins significantly higher than those in traditional real estate investments. Their unique approach combines street-level real estate experience with cutting-edge technology and data analysis, setting them apart from conventional business consultants and brokers.
This blend of expertise in construction management, architectural design, and interior decorating enables fäm Properties to guide new real estate investors from the initial concept phase to the successful completion of their projects. Their development management services have showcased their efficiency with the successful launch of Century Tower in Dubai’s Business Bay, where an overwhelming response saw 190 out of 210 apartments sold on the first day. This achievement underscores the importance of thorough market research and analysis, which are integral to fäm Properties’ methodology.
With a track record of managing over 12 billion dirhams worth of off-plan projects and gearing up for an anticipated 25 billion dirhams worth of projects by 2025, fäm Properties stands at the forefront of navigating the market’s complexities. The ever-shifting landscape of real estate demands a proactive and adaptable approach, where relying solely on past experiences is no longer sufficient.
fäm Properties leverages its aggregated expertise and comprehensive ecosystem to empower clients, brokers, and employees. This ensures not only the capitalization on current opportunities but also preparation for future market shifts, providing a rewarding real estate investment experience and fostering long-term success in their property investments.
