The leasing division of Omniyat, one of the region’s most innovative property developers, has successfully leased 224 units representing an annual value of AED 11.1 million, at The Square, Mamzar.
Omniyat Property Services (OPS), the leasing division of Omniyat Properties, guarantees unique leasing solutions to address the individual needs of Omniyat owners and tenants. Omniyat’s leasing dimension offers key functions which enables investors to command optimum leasing rates while providing added value to tenants.
Mark Phoenix, Omniyat Properties Head of Commercial said, “Omniyat established Omniyat Property Services to give investors access to a dedicated on-site team to manage and add value to their investment. Omniyat Property Services’ marketing and sales campaign for The Square has generated over 3000 enquiries thus far, and has built considerable brand equity for the development. Thanks to this exposure and the optimal quality of the facility, the Square commands a higher rental rate than any other development in the Mamzar area resulting in a much higher ROI for Omniyat investors.
The goal of OPS is tailor-made solutions for clients through commercial leasing, property management, sales brokerage and turn-key-fit-out solutions, along with value-added components such as finance, insurance and valuations.
“We have partnered with leading local and international agencies in Dubai to ensure that our clients need only one point of contact, but receive the benefit of numerous agencies. Should a client require any additional, specialized services, OPS will find the right partners and negotiate on their behalf—guaranteeing customers the best value for their money†concluded Phoenix.
The Square’s premium lifestyle offering continues to attract both investors and tenants. Tenants are extremely impressed with the quality and finishing of their units fashioned in an Arabesque setting and value the spirit of close community living that offers them not just a home but a neighbourhood. With access to an extensive retail offering, health facilities and landscaped recreational areas, residents can enjoy the convenience and comfort of relaxed living in the lush surrounds of Al Mamzar.
The complex consists of 544 residential units as part of Phase 1 with seven low-rise residential towers which feature a mix of studio, one, two and three bedroom apartments surrounded by 65,000 square feet of landscaped garden and water features. Stylish hotel apartments, managed by an internationally- renowned operator, are set to open in Q3 2010.
