eMart’s second auction attracts bids over AED 27 million

WAM DUBAI, 19th January, 2014 (WAM) — Dubai Real Estate Market (eMart) , an online portal especially designed for real estate professionals to list their properties for sale and rent in Dubai, has reaffirmed itself as the ideal portal for real estate operations of the next level especially with the sale of 7 commercial and residential properties for a total of AED 27,571,380.

This is the second auction in a month, the last one having set a record sale of almost AED 75 million.

The display of properties at the auction was, as usual, very detailed with location maps, detailed blueprints, comprehensive photography, and starting price. This simplified the process and gave auctioneers lots of flexibility.

Since its launch last November, eMart’s real estate operations, from buying, selling, and renting, have all seen great success and constant activity. This interest in the portal by real estate industry stakeholders and investors is due to the services offered and the degree of transparency and users’ rights protection, alongside eMart’s dedication to ensuring equal access to all, creating a competitive atmosphere with the highest returns.

Dubai Land Department launched eMart to keep pace with the quantitative and qualitative growth that the real estate market has witnessed since the re-orientation of the Government of Dubai towards smart governance, on top of building an international network of real estate investors who are being introduced to the thriving Dubai properties market.

WAM/AAMIR/Moran

Leave a Reply