Footprint Real Estate acquires the exclusive right to sell Orchid Residence located in Dubai Science Park
November 21, 2021
Footprint Real Estate, the leading realty company in the UAE, has announced its role as the exclusive sales partner of the Orchid Residence, situated in Dubai Science Park. The agency with over 18 years of experience working with top developers and high-end investors, Footprint Real Estate, now holds the exclusive rights to sell the ready to move in apartments at Orchid Residence through its partnership with Al Ansari Hospitality.
Hamid Shabir Khawaja, Chief Commercial Director and Co-Founder of Footprint Real Estate said: “We are proud to be part of this distinct concept and of our partnership with Al Ansari Hospitality as their exclusive sales partner. From small beginnings as a brokerage firm, Footprint is one of the leading agencies for asset management, property deals, advisory and an array of other realty services. We consider this new role as the exclusive sales partner of Orchid Residence to be a milestone in our growth.”
“While the ongoing EXPO 2020 is benefitting different industry sectors, the real estate is no different as it attracts investors and buyers. Orchid Residence is a residential project designed aesthetically using high-quality materials, with easy access to residential, commercial, hospitality and educational and healthcare zones. As a real estate firm, which gives premium importance to customer satisfaction, we always provide end-to-end solutions and take full responsibility for our advice. We are proud and confident to introduce Orchid Residence to our clients,” he added.
The economic reforms implemented by the government of UAE and the policies in Dubai make it one of the ideal places for investments. Footprint Real Estate secured more than AED 200 million transactions per quarter in 2021, outliving the challenges posed by the pandemic and regained stability after the global crisis. Its new role as the exclusive sales partner of a premium residential property will further contribute to the growth of Footprint Real Estate in the rapidly transforming real estate market in the UAE.
The real estate market in Dubai is on the path to stability with a record-breaking performance in the second quarter of 2021 and continuing the consistent performance in the third quarter. The opportunities created by EXPO 2020 Dubai is one of the major reasons behind the upward trend, supported by state-of-the-art infrastructure and investment-friendly government policies.
To strengthen UAE’s resilient economy and aid sustainable development, the government of UAE has been implementing economic reformation initiatives such as 100 percent foreign ownership, retirement visas, remote work visa, and the long term golden visa.