Betterhomes acquires full floor office in Control Tower, Motor City, from Emirates NBD

  • Date: 21-Nov-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Betterhomes acquires full floor office in Control Tower, Motor City, from Emirates NBD

Betterhomes, Dubai's longest-standing real estate brokerage, continues to expand its service network with the purchase of a full-floor office from Emirates NBD Properties. The transaction was facilitated by commercial advisory firm CRC Commercial Real Estate.

The signing occurred in Control Tower, Motor City, in the presence of Ryan Mahoney, CEO of Betterhomes and Ahmed Al Sheryani, CEO of Emirates NBD Properties. Mr. Sheryani stated, "We wish Betterhomes continued success and extend our heartfelt congratulations on their most recent acquisition." Ms. Aida Turki and Mr. Khaled Ghazzawi emphasised on the importance of this transaction to strengthen the potential future endeavours for Emirates NBD Properties and Betterhomes.

The new office puts Betterhomes in a prime position to deliver effective services to clients when it comes to buying, selling, and renting properties in Dubai's villa communities. Mr Mahoney adds, "Motor City is becoming the service hub for the Al Qudra corridor, and since we have 225+ person team in the Control Tower, we felt that buying an office rather than renting made financial sense".

In the last ten years, the Al Qudra road and Dubai land area have expanded dramatically, with a population growth of 60% over the previous four years. In addition, 1 in every