Octa Properties, a prominent real estate development management company based in Dubai, plans to have 14 additional branded projects under management in Dubai, plans to have 14 additional branded projects This news outbreaks at a time when luxury developments and branded homes are dominating the emirate’s real estate market. The northern emirate of Ras Al Khaimah, which is home to numerous developers are actively pursuing luxury and branded residences on Al Marjan Island, which is currently becoming more and more popular. Individuals with high net-worth prefer to invest in branded homes because they provide one of the highest returns in terms of both capital appreciation and rental income.
Dubai fulfills approx. the twelve percent of the world’s supply of branded homes, while nearly thirty percent comes from the larger EMEA region, according to Savills. As per the statement released by Octa Properties, it has collaborated with prestigious companies in the area, including Hilton, Missoni, Elie Saab, W, and Franck Muller, and provides developer management services along with cutting-edge real estate development solutions.
Additionally, the real estate development management firm introduced House of Octa, a new vertical for branded marketing communications and interior design.
“This launch is intended to meet the soaring demand for branded residences that Dubai has witnessed in the past few years,” said Fawaz Sous, CEO of OCTA Properties.
“Both verticals reflect Octa Properties’ ambition to diversify its offerings and deliver cutting-edge design solutions for commercial and residential spaces,” he added.
“As we continue to grow and evolve, our new 11,000 sqft office will become an innovation and collaboration hub, propelling our mission to deliver world-class real estate projects and build strategic partnerships,” said Sous.
Currently, Octa Properties employs more than 100 people, operates 4,600 pipeline units, and collaborates with more than 1,600 brokerage firms.
Source: Propertynews