London developer opens new office in Dubai
Regal London, an independent developer at the forefront of London’s property market, has announced its debut into the Middle East real estate market with the launch of its new office in Downtown Dubai.
Located on Sheikh Mohammed Bin Rashid’s Boulevard, the office provides Regal London’s regional clients with a closer look into the company’s developments in London, showcasing the quality of work it delivers with intricate attention to detail and impeccable craftsmanship.
The launch comes as London’s luxury real estate market is witnessing a surge in interest from Middle Eastern investors, said experts.
Over the past five years, around 12 per cent of Regal London sales were buyers from the Middle East region, they stated, citing a recent report.
According to a recent report by PwC, survey respondents considered London’s key attributes to be well-developed infrastructure, its connection to the rest of the world, a well-developed legal framework and the breadth of education for its population.
With the long established interest of GCC nationals in London as a destination for travel, leisure and investment, the property developer identified the need for an office to reach its discerning GCC clientele.
“The opening of our offices in Dubai is a strategic step for the company – it serves as a way to enhance our relationship with investors from the Middle East and help introduce them to the opportunities presented by London’s property market,” remarked BehrangJalali, the director for Middle East and North Africa (Mena) at Regal London.
“Investors in the region have a great opportunity to buy property in London, one of the world’s most popular ultra-prime real estate markets, leveraging the favourable currency exchange rates as well as the recent price corrections,” he stated.
Regal London is currently celebrating its 20th anniversary having delivered 1,750 new homes in London over two decades. The company boasts a portfolio of beautiful buildings and transformed environments and is renowned for its uncompromising standards that have set a new benchmark for quality, it stated.
Regal London’s in-house design team, working collaboratively with leading architects, delivers thoughtful and elegant building designs that are bespoke to each development, said the developer.