Why is it more profitable to buy through a real estate agency than from a developer?
Considering buying a foreign property? Find out why working through an agency can be more profitable and safer than buying directly from a developer. Ten key benefits that will help you make the right decision.
About the developer
Meydan, an important developer in the UAE with its headquarters in Dubai, is part of the Meydan Group – a state-owned company operating under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The most ambitious project of Meydan is Meydan City, one of the central districts of Dubai, which includes Meydan Racecourse – the largest racetrack in the world.
The cost of the entire infrastructure of Meydan City was approximately $ 7.3 billion, and the area of the district covers 15 million square feet. The area includes a variety of buildings: high-rise, medium-rise and low-rise, as well as residential and office complexes, promenades, canals and a marina. The main attraction of the area is the Meydan Racecourse, which can accommodate 60,000 spectators, equipped with conference rooms, restaurants, a horse riding museum, a hotel and riding club, as well as Godolphin stables.
Another significant project is Mohamed Bin Rashid Al Maktoum City, created jointly with Emaar and Dubai Holding. The total cost of the project is $ 11 billion. As part of this project, Meydan is leading a number of major construction projects, including the Hadaeq Sheikh Mohammed bin Rashid garden-style area, which features imitation of French, English and Japanese gardens, and also includes paths for horse riding, cycling and running.
Meydan also specializes in the construction of hotels and sports facilities, such as The Meydan Hotel, Meydan Beach, Bab Al Shams Desert Resort & Spa, QUBE Sports Lounge. The portfolio includes the Emirates Equestrian Centre, Dubai Racing Club, and Meydan Tennis Academy, which emphasize the company's focus on developing equestrian sports, golf, and tennis.
Innovation and Sustainability
Meydan is not only committed to creating large-scale projects, but also focuses on innovation and sustainable development. The integration of modern technologies and environmentally responsible construction practices underscores its commitment to preserving the environment by creating healthy and harmonious living spaces.
Meydan is actively involved in the development of Dubai's commercial infrastructure, creating places for business and leisure. The company's projects provide high-end commercial space, business centers, and recreation areas, providing a unique experience for entrepreneurs, tourists, and the local community.
With its large-scale and unique projects, Meydan attracts the attention of global investors. Its strategic location and innovative approach make its properties desirable for investment, contributing to economic growth and international recognition of Dubai as a global real estate and tourism hub.
Social Responsibility and Contribution to Society
Meydan also shows social responsibility by participating in various social and charitable projects. The company contributes to society by supporting cultural, educational and sports initiatives, thereby contributing to the development of a prosperous and harmonious social environment.
As one of the UAE's key developers, Meydan continues to demonstrate its prowess in creating unique, innovative and sustainable projects that contribute to the development of Dubai as an important global hub for real estate, tourism and culture. The company continues to expand its horizons, striving to create new outstanding projects and strengthen its influence in the region and beyond.
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