The pandemic is one of the largest real estate agencies in Dubai. With locations in Dubai, Abu Dhabi, Dubai, and across Middle East, the agency has many branches spread across the city. It was established in 1978 by an Australian called Peter Dumbacher, who decided to set up a manufacturing business in Dubai. The company still runs a small office here, but Peter now lives in Dubai and runs the company full-time. While at first glance, the idea of a multinational company operating a boutique real estate agency may seem a little off-the-wall, it’s not. In fact, the business manages both property for sale in Dubai as well as property for rent in Dubai.
Located near the Jumeirah beach in the Bur Dhabi district,
Pandemic is one of seven real estate agencies in Dubai that manages villas for sale. The company’s operations director, Mohamad Al Hajar, is a former Investment Planning Manager for Citibank. According to his resume, Al Hajar is in charge of operations in all commercial properties, corporate properties, and the villas for sale in Dubai. Al Hajar is also responsible for marketing and management of the company’s portfolio in the emirate. Because he holds several senior management roles at various companies in Australia, United Kingdom, and Dubai, it’s no surprise that Al Hajar is handling the villa sales in Dubai.
Another company that manages villas for sale in Dubai is the same firm that handles the real estate on behalf of Peter Dumbacher. The firm, called Titanic Properties, is also located in Bur Dubai. The company’s operations director is Richard Legg, an Australian who has worked with some of the world’s most prestigious property developers. Legg oversees all the operations and oversees all the villas for sale in Dubai.
According to the company’s latest statistics,
Titanic has completed eleven projects and sold twenty-four villas for sale in Dubai. One of those is the ninety-two-residential unit that was recently completed in Bur Dubai. That project, the Madinat Jumeirah, is located on Emirates road and is expected to be finished by the end of this year. In fact, Madinat Jumeirah has been postponed a couple of times due to local concerns and local officials in Dubai.
Other new projects that have been implemented by Titanic at the moment are the Madinat Jumeirah II. The Madinat Jumeirah has already been postponed twice before and Madinat Jumeirah II is currently in pre-development. This means that although these two projects were approved by the Dubai government, they are still on the tentative side as the property market in Dubai is still developing. And it is definitely not a guarantee that the new-property market for Dubai will provide investors with enough investments and opportunities to make real estate a good career option for them.
There are still some things that need to happen and developments that need to take place before Dubai can grow and prosper as other cities in the region are doing. One thing is for sure, there is no doubt about it. Dubai is still a city that needs to develop real estate and boost its economy. As long as there are people who are willing to invest in property in Dubai, the city will surely be able to meet their demands. The success of these new projects, especially Madinat Jumeirah, will also help the city’s economy further.
Another good thing about Dubai is that it is very tolerant towards foreign workers. Unlike many countries, the residents of Dubai do not seem to be xenophobic. This is probably because the influx of foreign workers helped to develop the city and help turn it into what it is today. If you want to earn a good salary working in Dubai, then you really have to look for the best real estate projects in Dubai.