After successfully selling many properties in Dubai since 2019, Allegiance Real Estate has established itself as one of Dubai’s prominent real estate companies.
This year, the company aims for a broader impact by gearing up to open its new office in the heart of Sydney, Australia. This move is a big milestone for Allegiance Real Estate, letting it spotlight Dubai’s properties for keen buyers in Australia.
Strategic Move: Why Allegiance Real Estate Choose Australia
Setting up shop in Australia expands Allegiance Real Estate’s global presence and bolsters its status as one of Dubai’s leading international real estate brokerages. This move aligns with the company’s mission to market Dubai properties worldwide by entering a fresh, promising market.
“Our presence in Australia will increase our brand visibility and solidify our reputation as a trusted global player in the real estate industry,” says Allegiance Real Estate’s founder and CEO, Amr Aboushaban. By widening its market scope, Allegiance Real Estate can buffer against risks and discover new revenue channels, essential for steady growth and enduring success.
“Australia presents a unique opportunity for us to diversify our portfolio and tap into a market poised for growth. We can capitalize on their strong preference for investing in real estate to share knowledge and foster international real estate collaborations,” Aboushaban adds.
Effect on the Australian Real Estate Market
Aboushaban explains that Allegiance Real Estate’s Australian presence allows them to share Dubai and UAE’s real estate insights, such as the recent monthly overview of the real estate market, top communities in Dubai, and property pricing trends.
Focusing on high-value Dubai properties, the company offers access to the country’s high-potential real estate properties, from bustling downtown areas to luxurious locales. At the same time, the company’s strategies, such as international roadshows and educational initiatives, will become more accessible to a broader audience, further presenting why they should see Dubai as a great new opportunity.
The Good and Bad of New Ventures
Allegiance Real Estate acknowledges that, like any new venture, its expansion into the Australian market carries inherent risks. These include adjusting to new local market dynamics and establishing a brand presence amidst established competitors. However, the company brings its real estate knowledge, successful track record, and recognition from Dubai to ensure a smooth transition and robust market entry.
Aboushaban states, “Our journey in the real estate industry has always been about more than just business. It’s about building trust, fostering relationships, and creating opportunities for growth and prosperity. We are excited about this new chapter in Australia and look forward to positively impacting the market.”
The expansion is just starting, but the team at Allegiance Real Estate looks forward to how its new office contributes to further collaborations and the beginning of expansion to other regions.
