Real Estate Agency Investment Opportunity in Abu Dhabi, United Arab Emirates
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 600 - 700 thousand |
Run Rate Sales | USD 1.1 million |
EBITDA Margin | 30 - 40 % |
Industries | Real Estate Agencies |
Locations | Abu Dhabi |
Local Time | 10:50 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Moderately Active |
- A brokerage company, based in Abu Dhabi.
- We deal with buying, selling, leasing & managing properties b/w clients and investors in GCC.
- Our services include - real estate properties buying and leasing (commercial and residential), real estate development services, real estate management services, facility management, surveying, maintenance of properties, renovations and construction of residential and non-residential buildings, risen flooring.
- Top selling is real estate properties buying and leasing (commercial and residential).
- Average properties sold in a month are 5 to 6, and leased in a month are 4 to 5.
- Revenue is generated by charging ~ 2% commission of the price on sold properties and 4-7% commission of leased properties.
- Majority of our client base in commercial.
- We deal with more than 100 related properties, which includes high-rise, commercial towers, villas, warehouses, showrooms deals with.
- Have more than 500 engaged commercial clients in multiple locations in UAE, KSA, Azerbaijan, Qatar, and the UK.
- There are 15 permanent employees. Additionally, contract brokers and workers are employed based on the projects.
- The company has seen a significant growth in the sales, as more deals have been closed this year as compared to last year.
- The company has economic license and establishment card.
- Services include - real estate properties buying and leasing (commercial and residential), real estate development services, real estate management services, facility management, surveying, maintenance of properties, renovations and construction of residential and non-residential buildings, risen flooring.
- Top selling is real estate properties buying and leasing (commercial and residential).
- The majority are commercial clients.
Physical assets include surveying equipment, fit out equipment and tools, vehicles, accounts receivables.
Rented office space in Majlis Hotel Tourist Club Area GTH Building, Abu Dhabi UAE.
Rent is AED 11k per month.
The business is funded by Personal Funds of the Managing Director.
Additionally, there is 1 silent partner from company sponsor in Qatar and UAE.
-
Earlier than 15 daysCTO, IT Services, Ahmedabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysChief Marketing Officer, Conglomerate: Automotive Products, Building Materials And Packaging., Karachi, Corporate Investor / Buyer connected with the Business