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Turkish Real Estate Giant Enters the UAE

AtışYapi, the Turkish real estate giant, announced that it is launching its first office in Dubai at City Walk, as part of the company’s plans of international expansion.

In July 2023, RecepTayyip Erdogan, the President of the Turkish Republic, and President of the State, His Highness Sheikh Mohammed bin Zayed Al Nahyan, had signed several memorandums of understandings and bilateral agreements.

These were valued at $50.7 billion and the movement from the real estate firm in Turkey comes after the said agreements.

The announcement

Chairman of the AtışYapi Group of Companies, Mr. HusamAl Din Atış, spoke at the conference where the announcement was made.

He expressed his pleasure at becoming part of the mutual collaboration between the two countries for encouraging investment opportunities.

He stated that the UAE was undeniably an attractive ground for investment, as market-savvy investors had lots of ripe opportunities to explore.

He added that the region has advanced technology and a robust infrastructure, which has resulted in a wealth of investment opportunities for both developers and buyers.

Since it is a residential hub for many and multinational brands consider it a business hub, it is logical for AtışYapi to establish its presence there.

After all, it offers diverse services, such as investment portfolios, medical tourism, tourism, real estate and construction.

He stated that they had come to the UAE for complementing the rising demand as a trusted and valued partner.

Real estate

The real estate market of the UAE has been garnering a lot of attention amongst global real estate markets and there has been an abundance of investors from numerous countries.

Some of the top reasons for the real estate sector’s growth is attributed to its resilience to slowdowns in the economy, financial stability and encouraging regulations and laws.

While it has become one of the world’s fastest-growing economies, the leading investment category is real estate and infrastructure.

There is also a huge potential for continued development and growth for various investment projects due to the attractive investment environment.

The office

The office at City Walk, Dubai of the Turkish real estate firm will consult potential investors and buyers with information about AtışYapi’savailable portfolios and upcoming projects.

The real estate developer is renowned for its high-quality construction and innovative design and it also offers start-to-end solutions for ensuring high returns on investment when it comes to service and quality.

AtışYapi plans on developing a competitive and modern portfolio of commercial and residential projects in the UAE and provide comprehensive real estate solutions at the best locations.

The press conference was attended by some prominent Turkish dignitaries. Maher Ayoubi, the company’s advisor in the Middle East was also in attendance.

He said that the company’s move was a reflection of the strengthening ties between Turkey and the United Arab Emirates.

He added that after they had had success in the Sultanate of Oman and Kuwait, they had decided to launch their first branch in the Emirates as well.

He went on to say that they had taken this step when the real estate sector in both Dubai and the UAE as a whole was witnessing a boom.

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