Dubai developers try to open up Israel buyers interest

Duabi Developers definitely don’t believe in waiting around for investors to come calling. With the UAE-Israel pact set in stone, these developers are out to pick up investors from there.

Ellington Properties, which now has a mix of ready and offplan projects in its portfolio, has signed up with the Israel operations of proptech firm Keller Williams to spread the word.

One of the largest real estate networks in Israel, Keller Williams will support Ellington in introducing its portfolio to likely investors.

Paula Wehbeh, Head of Business Strategy at Ellington,“We received extensive enquiries from Israeli investors in the past weeks, and through our partnership with Keller Williams, we will strengthen our brand positioning among them.”

Meanwhile, few other developers in Dubai are firming up their partnerships for Israel. After Chinese investors started coming in from 2015 onwards, Israeli buyer interest could well be the next big break for the local property market.