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Provis, the company launched by Aldar Properties to deliver market leading, innovative estate management solutions, will be showcasing a series of residential projects during its participation in the upcoming Cityscape Abu Dhabi. Projects to be featured include properties developed by Aldar Properties, EMAAR, Dubai Properties, Bloom, Ellington, Oriental Pearls and many other leading developers in the UAE.
“We believe we can add value to property investors, owners and tenants, driven by our deeply rooted expertise in the industry and our knowledge of the UAE real estate market dynamics,” said Sameer Barakat, Provis Executive Director. “Cityscape is one of the key tradeshows in the the region's property sector as it brings together every aspect of the real estate industry whether developers, investors, real estate professionals or government entities. This allows us to expand our professional networks and engage with potential investors and more importantly, demonstrate how we at Provis do things differently.”
“It is a big win for consumers who are now, more than ever, spoilt for choice,” said Mesab’s Tariq Allan. “Property prices are now below construction costs so, regardless of what happens in 2019, buying in this market represents fabulous intrinsic value.”
As part of Provis’s participation in Cityscape, Sameer Barakat, Executive Director, will be participating in a panel discussion titled “Daring to disrupt: The proptech revolution is here to stay”. Sameer will shed light on the trends that are shaping the real-estate industry and the effects of innovative technology in disrupting the sector.
Provis is applying innovative solutions and cutting-edge technology to add tangible value to properties at every stage of the property lifecycle. From sales and leasing to property consultancy and management, owners’ association consultancy and management and clubhouse and lifestyle management, Provis applies innovative solutions and cutting-edge technology to add tangible value for clients as well as their properties at every stage of the property lifecycle. Provis has over 13,500 units under property management, over 14,000 units under owners’ association management, and thousands of properties sold and leased across the UAE.
Cityscape Abu Dhabi is taking place at Abu Dhabi National Exhibition Centre from 16-18 April 2019. Provis pavilion will be located at stand 7B30 in Hall 7.
At Cityscape Abu Dhabi, held under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Mesab is planning to launch a new residential property – the 35-storey Park View – Al Reem, featuring 128 two and three-bedroomed apartments and duplexes. The company is targeting buyers of all nationalities with Allan saying recent government incentives, including the 10-year residency visa and five-year retiree visa have revitalised the market.
Provis offers deep industry knowledge, technical expertise and a commitment to exceptional service with a dedicated team that works as one to deliver integrated solutions in the UAE and the wider region. From sales and leasing to property consultancy and management, owners’ association consultancy and management and clubhouse and lifestyle management, Provis applies innovative solutions and cutting-edge technology to add tangible value for clients as well as their properties at every stage of the property lifecycle.
Provis currently manages over 13,500 units under property management, over 14,000 units under owner’s association management, and thousands of properties sold and leased.
“Government initiatives and regulations have led to greater opportunity for investors,” explained IMKAN’s Walid El Hindi. “These include 10-year residency visas, five-year retiree visas and the decision to allow 100 per cent foreign ownership of onshore companies. Market dynamics have shown us that investors looking towards Abu Dhabi have strong liquidity and retain interest in long-term investments. This complements IMKAN's long-term outlook, as our projects span 10-15 years, meaning we have a positive perspective for the future of Abu Dhabi's real estate market. Another boost for the market is the careful planning the government has in place to turn the city into a cultural hub.
About Cityscape Abu Dhabi:
Cityscape Abu Dhabi is the leading property investment and development event in the nation’s capital bringing together key industry decision makers, local, regional and international investors, homebuyers, developers, government and investment authorities, architects, designers, consultants, and senior industry professionals. The event is renowned for being the barometer of the capital’s property sector, responsible for fostering partnerships and creating opportunities that drive development and investment across the country through its exhibition, conference and other content features that take place during the three-day event.
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