| 30 Nov 2008 |
|
Propertyfinder.ae celebrates first year anniversary
- Text size
Leading web portal defies economic downturn with expansion
Propertyfinder.ae is celebrating its first-year anniversary as the UAE's leading real estate web portal. The company has achieved remarkable growth in the past year: over 70,000 unique visitors to the site per month (September 2008, Google Analytics), consolidation of the Dubai market position and expansion to Abu Dhabi and the rest of the UAE and the launch of an Arabic version of the site. In 2008 propertyfinder.ae partnered with leading news portals MSN Arabia and MaktoobMaktoob
to deliver still greater reach to its advertisers.Such is the growth in popularity of propertyfinder.ae that 57% of visitors to the site are from outside the Middle East (September 2008, Google Analytics). Currently more than 20 of the UAE's leading property developers and 130 real estate agencies use propertyfinder.ae to advertise their properties.
Michael Lahyani, CEO of propertyfinder.ae, said: "During the past 12 months propertyfinder.ae has established itself as a key player in the real estate advertising market. We have created the UAE's leading real estate web portal. Propertyfinder.ae gives international investors unrivalled access to listings, while delivering real return on investment for local developers and agents."
Despite the global economic downturn, propertyfinder.ae saw the number of people visiting the website each month go up from 7,000 unique visitors in January 2008 to over 70,000 unique visitors in September 2008 (Google Analytics).
"We believe the difficult global economy will convince developers and agents to shift more of their advertising money to the web, as they realize it is more cost-effective, provides greater reach and is more measurable than print or other means of marketing. When marketing departments face budget restrictions, they naturally turn to the web, and to propertyfinder.ae" added Michael Lahyani.
Propertyfinder.ae was acquired in November 2007 by the REA Group of Australia (ASX: REA, realestate.com.au Ltd and its subsidiary businesses) whose international network of more than 20 real estate websites reached more than 9.7 million unique visitors in October (Nielsen//NetRatings, Market Intelligence; Nielsen Site Census; Omniture; Google Analytics).
-Ends-
About propertyfinder.ae
propertyfinder.ae specialises in real estate and investment in Dubai and, as part of the REA Group network of real estate portals, offers agents and developers access to a potential global audience of more than 9.7 million unique visitors per month (October, Nielsen//NetRatings, Market Intelligence; Nielsen Site Census; Omniture; Google Analytics). It is an REA Group subsidiary (ASX: REA, realestate.com.au Ltd and its subsidiary businesses).
Media Contacts:
d'pr
Laura Fanning
Ph: +971 50 568 3552
laura@d-pr.ae
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Post a Comment
Community Comments (1)
http://www.realestatesky.net/vb
http://www.realestatesky.net
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.