2024: What a Year!
Looking back on 2024, Choucair Capital celebrates a year of outstanding achievements and progress. This year has showcased the company’s dedication to saying what they will do, and doing what they say! The trust it has earned from valued investors and partners as a result of each project has built their reputation of keeping their promises and delivering above expectations.
The view from the Princess Tower project
Princess Tower Sale
This year saw the completion of the renovation of a 2 bed apartment in Princess Tower, Dubai Marina. Located in one of the city's major hotspots, investors had the opportunity to invest in a renovation project that took less than 3 months to complete and achieved a record breaking price/sqft for the building. More importantly, they earned their return within 6 months (despite funds being taken for a maximum of 12 months) demonstrating Choucair Capital’s ethos to overdeliver on their promises.
Park Ridge Sale
The sale of their Park Ridge project was a huge success. The team acted quickly to seize an opportunity of a below-market-value property amongst Dubai’s current Sellers Market, meaning they could put this unit straight back on the market to make a quick return for their investors. Despite the unit being standard layout and having a less desirable view for the building, yet again Choucair Capital delivered returns to all investors within 6 months and strengthened their reputation once more.
Villa 179 & Villa 163, Mira Oasis 2 Projects
At Mira Oasis 2, Choucair Capital continued to prioritise location and opportunity. Mira Oasis is an Emaar community with large plot sizes compared to most other recent developments. Attracting highly European buyers, Choucair Capital have acquired two 3 bed + maids room townhouses in the area with plans to redesign the homes to specifically target such buyers. Dubai British School, one of Dubai’s most esteemed schools, is opening a branch in the community in September attracting even more families and buyers. In a real estate market made up of over 80% in apartments, they are capitalising on the low supply and high demand of townhouses to set them apart from other investors.
Myka Residence Rental Property
Catering for a few investors wishing to capitalise on a rental yield and capital appreciation, Choucair Capital acquired their first long-term rental property in the first half of this year in Dubai Production City. The area was recently rated as one of the best areas for apartment rental yields according to Property Monitor and the investment is set to achieve the profit predictions and more in this up and coming area.
Throughout 2024, Choucair Capital focused on creating exceptional investment opportunities in Dubai’s thriving market. They provided impressive returns to their investors, aligning with their expectations and market trends. Every project was thoughtfully developed to ensure a secure and profitable investment experience. Choucair Capital strengthened relationships with stakeholders through exclusive site visits, and biweekly investor updates for projects they invested in. Networking events and seminars further enriched these connections by providing valuable insights into the real estate market.
As it moves into 2025, Choucair Capital remains committed to delivering excellence and inspiring confidence among its investors and stakeholders. Together, the future holds even greater success.
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