LAND SALE ENQUIRIES IN CAPITAL INCREASES

From: Red Marketing & Communications
Published: Mon May 08 2006


LLJ Property, one of Abu Dhabiís most dynamic real estate agencies has recorded an increased number of enquiries for Abu Dhabi land sales from potential buyers in the last few weeks. Approved by Surouh, the master developers of Shams, Reem Island to sell properties on their behalf, LLJ Property has had a remarkable response to the new Sky Tower project, which forms part of The Gate development on the Island.

The agency, which is managed by three directors with over 25 years of combined experience in the United Arab Emiratesí real estate market, note that while calls for leasing property has remained at the same high level as before, there has been an increased demand for land from both national and international developers in the vibrant and multi-cultural city recently.

To meet the increasing demand and rising interest in the Abu Dhabi property market, LLJ Property, which already has developed a reputation for exceeding clientsí expectations with itís dedicated hands-on approach, has expanded their sales, leasing and property management departments. The company has also developed bespoke property management systems to ensure maximum efficiency and transparency for all clients and to be prepared for the emerging property market in the capital.

According to LLJ Property directors, Linda Loughnane, Lubna A. Al Rizeiqi and Jane Woods, "The law grants differing rights of land ownership and rights to enjoy land to UAE nationals, GCC citizens and foreign nationals. UAE nationals (or companies wholly owned by UAE nationals) can now own land anywhere within the emirate of Abu Dhabi, while GCC citizens can own land in designated investment areas and lesser rights in land throughout Abu Dhabi. Foreign nationals can own on a leasehold basis within the Al Raha and Reem Island projects, which are the designated investment areas announced to date."

While LLJ Property focuses initially on the Abu Dhabi market, offering comprehensive property services for the capitalís emerging real estate market their services include, but are not limited to, land and freehold property sales in Abu Dhabi and Dubai, UK investment property sales, property management and project sales and marketing.


Issued by Red Marketing Communications on behalf of LLJ Property. For further information, please contact Shereen Dury on 065570115 or 0507690087. Email: Shereen@red.ae. LLJ property can be contacted on 02 6274110.
Company: Red Marketing & Communications
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