If there was ever any doubt that people from the UK love Dubai and the UAE, the latest figures shared by Dubai Land Department dispel that doubt for good and reinforces real estate agent Allsopp & Allsopp’s decision to advertise all of their sales listings in the UK.
Despite having offices in Dubai and the UK and selling plenty of properties in Dubai to UK nationals, Allsopp & Allsopp were still shocked by the scale of investment Brits have made. Over the last four years, UK nationals have spent a staggering AED31.1 billion (US$8.47 billion) on real estate in the emirate.
Lewis Allsopp, CEO of the award-winning estate agency, says: “The UAE and UK have always shared a close relationship. UK citizens are drawn to the emirate for many reasons – the low taxes, the quality of life, the weather – and, of course, the luxurious living afforded by properties over here.
‘We might not have known the exact figures, but we have known this trend for a while, hence our decision some time ago to start advertising all of our properties for sale on Rightmove Overseas. Rightmove is the largest property portal in the UK, so to add our listings to their overseas section of the website has been a key strategic move for us. We look to leave no stone unturned in searching for buyers for our sellers’.
On top of this move, Allsopp & Allsopp have also increased their spending on local portals.
‘At a time when some real estate companies are cutting their spend and lowering their packages locally, we believe it’s time to expand our operations and work harder than ever to attract buyers to our property listings.
We have been the number one selling agent according to the Dubai Land Department Brokers App for the last three years. It’s something that we’re incredibly proud of and something that we want to keep achieving.
“We pride ourselves on being a one-stop shop for all buyers, from choosing the right mortgage to finding your dream home, whether it’s for living, renting or investment purposes.”
Allsopp & Allsopp employees are RERA-certified, experienced, highly-qualified experts. After opening its first office in Dubai in 2008, the company now stands as one of Dubai and the UAE’s most renowned and respected real estate agencies.
British-owned Allsopp & Allsopp operates to international service standards and prides itself on winning a multitude of awards, including; 22 international property awards, Arabian Business Real Estate Brokerage of the year 2018, Dubai Land Department Highest Percentage of Sales 2017, Forbes Top 5 Real Estate Agencies in the Middle East 2016 and 2017.