Engel & Völkers
  • 5 min read
  • by Joshua Hughes

Engel & Völkers Middle East Launches Development Services

Expert consultancy at every stage of the development process

Amidst Dubai’s booming off-plan real estate market, which saw a new project announced every 18 hours in Q1 2024, Engel & Völkers Middle East identified the need for a dedicated service that helps real estate developers stand out in such a competitive market. 

The launch of Engel & Völkers Development Services division in the UAE is designed to meet the specific needs of real estate developers, builders, and investors by providing expert consultancy at every stage of the development process.

In this article, we explore Engel & Völkers Development Services’ comprehensive solution for developers and its significance to the Dubai real estate market. 

Why Engel & Völkers Development Services?

As Dubai’s real estate market grows, developers face increasing pressure to create projects that not only meet but exceed market expectations. 

Engel & Völkers Development Services was created to help developers navigate this competitive landscape by providing comprehensive, tailored support. From land acquisition to sales and marketing strategies, the new department is equipped to offer guidance that ensures success in every project.

A comprehensive solution for developers

Unlike the company's residential and commercial real estate divisions, which focus on property transactions, Engel & Völkers Development Services offers a holistic approach to real estate development. This includes:

  • Strategic planning: Assisting developers in creating projects that align with market trends and consumer needs.

  • Market analysis: Providing in-depth research to help developers understand the competitive landscape and identify opportunities.

  • Marketing and branding strategies: Creating innovative approaches to showcase projects and attract buyers and investors.

  • Sales support: Offering guidance on pricing strategies and managing the entire sales process to ensure success.

Engel & Völkers' deep understanding of the real estate market, combined with its global expertise, makes it the perfect partner for developers aiming to create high-quality projects that stand out.

Meeting the needs of today’s developers

In a market where new developments are launched daily, developers require more than just expertise - they need a partner who understands the complexities of the region and can provide actionable solutions. 

Daniel Hadi, CEO of Engel & Völkers Middle East, stated:

"As Dubai's real estate market continues to grow, we saw the need for a specialized service to help developers navigate this competitive landscape. Our Development Services department offers the expertise required to create projects that meet the high standards of quality and innovation the market demands."

This new division caters to both emerging developers with ambitious visions and established firms looking to expand their portfolios. By offering a range of consultancy services, Engel & Völkers aims to help developers bring their projects to life with outstanding results.

Tailored support for every project

One of the key differentiators of Engel & Völkers Development Services is its ability to provide bespoke solutions based on the unique needs of each project. The department's services extend from the earliest stages of development, such as concept creation and land acquisition, through to branding, marketing, and sales.

With a strong emphasis on delivering value and quality, Engel & Völkers ensures that every project is strategically positioned to achieve maximum success in the market.

Leveraging global expertise for local success

With decades of experience in the real estate industry, Engel & Völkers is uniquely positioned to offer global expertise to local developers. The company has a long history of success in both residential and commercial markets, and its new Development Services division leverages this knowledge to benefit developers in the UAE.

Expertise across multiple markets

Engel & Völkers has successfully guided over 500 projects across a range of markets, from luxury residential developments in Europe to commercial complexes in the United States. This global experience allows the company to offer unique insights and strategies that can be applied to Dubai’s fast-paced and competitive real estate landscape.

By partnering with Engel & Völkers Development Services, developers can access a wealth of knowledge that spans multiple sectors and geographies, ensuring their projects meet both local and international standards.

Driving innovation and profitability in the UAE

Engel & Völkers Development Services is more than just a consultancy, it is a strategic partner that is committed to driving innovation and profitability in the UAE's real estate market. 

With a focus on thoughtful, well-executed developments, the division aims to set new benchmarks for quality and success.

A focus on sustainability and market trends

In today's real estate market, sustainability and innovation are no longer optional, they are essential components of any successful development. Engel & Völkers Development Services ensures that each project aligns with market demands and consumer expectations, with a strong focus on sustainable design and smart technologies.

This forward-thinking approach helps developers not only meet current market demands but also anticipate future trends, ensuring long-term success for their projects.

The future of real estate development in Dubai

The launch of Engel & Völkers Development Services marks a new chapter in the UAE’s real estate market. With a commitment to excellence, innovation, and sustainability, the division is poised to become the go-to partner for developers looking to create standout projects in one of the world's most competitive real estate markets.

For more information about Engel & Völkers Middle East Development Services and how they can help bring your project to life, visit theDevelopment Services page.

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Engel & Völkers Dubai

Golden Mile Galleria 2, Office 21, Mezzanine Floor

Palm Jumeirah, PO Box 17722, Dubai, UAE

Tel: +971 4 4223500