New portal enables direct property deals
Dubai, July 11, 2009
Beeyoot, an online media company, has launched its portal beeyoot.com, a house listing website for property owners, which allows them to sell directly to buyers.
This creates room for a new momentum for the distressed UAE real-estate industry, according to managing director Hashim Ahmed.
“The Beeyoot portal is the first in the UAE to effectively bring buyers and sellers together, enabling both sides to transact directly,” said Ahmed.
“Sellers can add property listings with ease and visitors to the website can search through a wide variety of properties. We think this will bring fresh change to the UAE real estate,” he added.
'Only by fostering a truly transparent real estate market can we genuinely say the UAE property market is mature,” Ahmed continued.
“This portal will go a long way towards ensuring this happens. Further, it is essential for developers, real estate companies and other property-related service providers to understand how they are perceived in the market. We are encouraged by early users giving us very strong feedback. Positive perception will ultimately benefit all parties.'
Owners, both selling and renting valuable property, will reap wide benefits from the portal's focused approach, enabling direct connection with a wide spectrum of potential buyers, Ahmed pointed out.
Beeyoot is also seven times cheaper to use compared to traditional media, said a statement. Furthermore, the portal offers monthly paid subscriptions to its property listings.
Presently, the portal's services are exclusive to the UAE market; however Beeyoot is planning to franchise their innovative platform to other GCC countries, according to the statement. – TradeArabia News Service
More Construction & Real Estate Stories
- Abu Dhabi set for big property show
- Aldar working on $1.5bn UAE housing projects
- Gulf Finance House to start $3bn Tunisia project
- Abu Dhabi to see 10pc surge in new homes
- Saudi construction sector booming on new contracts
- Emaar offers 330 apartments in MBR City
- Dubai Design District sees big demand
- HUGE DEAL: Arabtec inks $40bn Egypt housing project
- Galfar ex-CEO gets 15 years' jail over bribes
- $32m BFH car park work underway
- Bahrain awards $5.8m project tenders
- Spinneys to set up distribution centre at Kizad
- Dubai unveils $300m hitech 'green' city project
- Deyaar plans $245m Dubai complex
- IFA unveils $272m Dubai mixed-use project
- CBRE tops Fortune’s most admired firms list
- Kuwait's real estate sales hit $1.1bn in Jan
- Dubai RTA awards $27m roads contract
- Work to start on Bahrain beach project
- Damac launches luxury apartments at Expo site
- Kuwaitis top GCC property buyers in Oman
- Rubber World to showcase at Big 5 Saudi
- Tool to help create effective property listings
- 'Smart' move by Dubai Design District
- Drake unit wins $13m contract in India
- Solar-powered cleaning boats launched in Sharjah
- $27m Expo Hotel Sharjah deal signed
- Arabtec unit wins $282m Emaar contract
- Abu Dhabi to host pool & spa expo
- ADCM unit secures $213m bridging loan