Key One Realty Group sees notable success in international real estate markets

Key One Realty Group sees notable success in international real estate markets

Key One Realty Group’s efforts to expand beyond the GCC region has made a notable success in international markets like the UK, Russia, Italy, Lebanon, and France. The last 6 months have been nothing but growth for the company. By continuously leveraging their expertise, the company has seen an increase of 30% in sales volume in the second half of 2022 compared to the same period in 2021. “We have increased the effectiveness of our sales force and grew our revenue by persistently training our existing agents and expanding the team with people from diverse backgrounds,” says CEO, Diana Magariu. According to , they saw most success in popular Dubai locations such as Palm Jumeirah, Dubai Marina, and Creek Harbour. Similarly, the top performing communities for the team were Damac Hills, JVT, JVC, and Damac Hills 2 for both sales and leasing. As rent saw a sharp increase of 27% in 2022, more and more residents are less willing to move amidst the price hike so renewals are higher than the number of new contracts. Because of this, Key One’s property management division saw a 20% increase in landlords turning their properties into long-term rentals especially in Business Bay, Dubai