eXp Realty is fortifying its presence in the Middle East by opening brokerage operations in Dubai, a city in the United Arab Emirates that is considered the gateway to the Middle East. (Read the press release here.)
The opening of Dubai marks the 24th location for eXp Realty and eXp’s sixth market to open in 2022 after the Dominican Republic, Greece, New Zealand, Chile and Poland. It is the second marketplace to open in the Middle East in addition to Israel.
“This is a proud moment for eXp Realty, as we open our 24th location, with the long anticipated addition of Dubai, one of the Middle East’s most exciting cities,” said Michael Valdes, Chief Growth Officer. “Dubai has a rich and vibrant multicultural population with an equally diverse economy, offering a strong foundation for our entry point into the United Arab Emirates. We are thrilled to empower agents in Dubai by enabling their success with our unique agent-centric model and attractive value proposition.”
Dubai Boasts the World’s Tallest Building
Dubai is commonly compared to Singapore and Hong Kong as an exciting modern city with unique, futuristic architecture and ultramodern skyscrapers – even boasting the world’s tallest building, the Burj Khalifa at 2,716.5 feet (828 meters) and 160 stories. Additionally, Dubai has several man-made islands – one which is shaped like a palm tree, offering beaches, residences and hotels.
Leading Dubai’s operations is Dounia Fadi, who has more than 18 years of real estate broker experience in Dubai.
“Dubai is building for the future and eXp Realty is the future of real estate, bringing powerful and unparalleled innovation to the real estate market,” says Fadi. “I knew right away that I wanted to be the one to bring this disruptive model to Dubai and am thrilled to lead this expansion.”
eXp Realty is one of the fastest-growing real estate companies in the world due to its attractive value proposition, which includes a generous commission model, community and cloud-based platform.
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