- Listings include floor plans, construction updates, videos, 360 virtual reality tours and payment plans providing as much information as possible so buyers can make an informed decision
- Move to encourage local and foreign investment in the UAE as demand for off-plan property is on the rise
Dubai: dubizzle Property, the UAE’s biggest and most visited property platform, announces the launch of its ‘New Projects’ section. The recent addition to the portal is in line with its continuous efforts to increase market transparency and encourage local and foreign investment into the UAE.
Off-plan purchases are on the rise, with the Dubai Land Department registering over 2,200 deals in July 2019 – the best month for the primary market since December 2017. With over 350 projects currently listed on the section, New Projects is home to the largest selection of off-plan units available on any property portal in the UAE.
Listings in the new section display all the information available about the projects, including floor plans, construction updates, videos and 360 virtual reality tours, providing increased transparency and flexibility to browse supply on the market and giving buyers the knowledge they would need to make a purchase. The section also includes a dedicated promotions page, where users can easily view all current payment plans and offers by developers. Those interested in further information have direct access to developers.
“The number of new residential units to enter the market by the end of 2021 is expected to reach 124,000*, so when we developed the New Projects section, we really listened to our users and researched what investors – both local and international – are looking for. Full visibility on projects and offers in the primary market, a flexible and interactive way to view projects, as well as direct access to developers were all key factors that came up and have been addressed. Through this, we aim to empower our users to make well-informed decisions when it comes to purchasing a property,” commented Matthew Gregory, Director of Sales, dubizzle Property.
dubizzle Property has over 130K live listings at any given time with the widest portfolio of sale and rental properties in the UAE. The platform receives almost 100K daily visits and regularly shares market insights to support property seekers with making well-informed decisions. This year, dubizzle Property is the official Property Portal partner for Cityscape Global, taking place from 25-27 September 2019 at the Dubai World Trade Centre.
dubizzle is the leading classifieds platform for users in the United Arab Emirates. Since its launch in 2005, dubizzle has become the number one platform for users to buy, sell, or find anything in their community. A community where underused goods are redistributed to fill a new need, and become wanted again, where non-product assets such as space, skills and money are exchanged and traded in new ways that don’t always require centralized institutions or ‘middlemen’.
dubizzle is an OLX Group company:
The OLX Group is a global product and tech company which operates a network of market-leading trading platforms in over 40 countries.
With more than 330 million monthly users worldwide, OLX Group makes it fast and easy to buy and sell almost anything online, such as household goods, phones, cars and houses. Through consumer brands including Avito, dubizzle, letgo, OLX, and many dozen others, more than 15 million things are exchanged on its apps and platforms every single month.
The OLX Group is powered by a team of 5,000 people, operating from +30 offices across five continents. The team is united behind a single mission to make it easy for people to buy and sell almost anything, promoting prosperity in local communities.OLX Arabia is actively expanding in the MENA region in Bahrain, Egypt, Kuwait, Lebanon, Oman, Qatar and Saudi Arabia.
© Press Release 2019