In an industry-first move that follows the UAE’s decision to fully normalise the bilateral relations with Israel, Ellington Properties,Dubai’s leading design-led property developer, has entered into a strategic alliance with Israel’s Keller Williams, the regional arm of the world’s largest real estate tech firms, to promote and drive Israeli investments in Dubai’s property sector.
The historic partnership will mark concerted efforts by Ellington Properties to highlight the investment environment of Dubai among Israeli investors and showcase the company’s diverse range of design-centric lifestyle developments. With an in-country representation of Ellington Properties in Israel, investors can now learn more about the property sector of Dubai, explore investment opportunities and secure effortless purchase of homes in the city in Ellington developments.
One of the largest real estate networks in Israel, Keller Williams will support Ellington Properties in introducing their portfolio of incredibly designed properties to investors in Israel through world-class consultancy, customer service, and a focused sales and marketing strategy.
Bringing unrivalled opportunities to investors, Ellington Properties will showcase its flagship residential developments in Dubai including Belgravia and Belgravia II, Belgravia Square, Belgravia Heights I, Eaton Place, Wilton Terraces and DT1. The award-winning residences – all located in central locations in the city – feature beautifully designed apartments, stylish villas and townhouses, assuring high returns on investment and rental yield.
Paula Wehbeh, Head of Business Strategy, Ellington Properties, said: “This is a historic moment for us as we focus on promoting Dubai’s property sector among Israeli investors, following the normalisation of bilateral relations between the two countries. We have received extensive enquiries from Israeli investors in the past weeks, and through our partnership with Keller Williams, which has in-depth insights and proven experience in serving property customers, we will strengthen our brand positioning among them. We are confident that the partnership will accelerate investments in Dubai’s property sector, and position the city as one of the preferred destinations for property investments among international investors.”
Amos Naim, CEO, Keller Williams Israel, said: “We are honoured to partner with Ellington Properties to represent their projects in Israel. Everyone in the country is excited about the new peace deal between the UAE and Israel, and we share the feeling that this is a historical moment. We have vast experience with international real estate investments and representing investors in doing investments overseas, led by our team and office at KW Netanya. We are confident that this is a great opportunity for Israeli investors to buy now in Dubai. We found a real partner in Ellington Properties, and we intend to do great things together for many years in bringing Israelis investors to Dubai.”
Keller Williams operates worldwide with more than 180,000 real estate agents in 50 countries. In Israel, Keller Williams has 20 real estate offices and more than 350 real estate agents.
Underlined by exceptional aesthetics in design and construction, Ellington residences appeal to discerning customers from all around the world. Foreign investors have increasingly been drawn to the long-term value that Ellington homes provide, and its customer profile include more than 100 nationalities already. With the new partnership, real estate sector stakeholders, including brokers and developers, can also benefit from the first-mover advantage offered by Ellington Properties in showcasing the value-add of investing in Dubai to Israeli investors.
Located in popular and prestigious neighbourhoods of Dubai such as Downtown Dubai – home to Burj Khalifa, the world’s tallest building and The Dubai Mall, the world’s largest retail and leisure destination; The Palm Jumeirah, an iconic waterfront development; and the Jumeirah Village Circle, a centrally located residential neighbourhood, the residences and mixed-use communities of Ellington Properties stand out for their exceptional quality and are ideal for a refined lifestyle.
Founded in 2014, Ellington Properties in Dubai has delivered several vibrant residential developments with tastefully designed interiors, breath-taking views, easy access to the city and a multitude of 5-star amenities to best match the lifestyle of the investors.