Real Estate Now Among the Top Ten Most Sought After B2C Categories Online
DUBAI, United Arab Emirates, Aug. 16 /CNW/ - Simsari.com
(http://www.simsari.com), Dubai's online property marketplace, has announced
the appointment of Marwan Lallas as its new managing director, who will
spearhead the portal's growth and transform the 'home shopping' experience for
people around the world preparing to make a lifestyle investment in the United
Arab Emirates (UAE). The online property market is one of the Internet's
fastest growing B2C businesses and Simsari.com believes that it has a real
chance of becoming a global player. Simsari.com is a Tejari.com company
(http://www.tejari.com), a leading emerging markets B2B online marketplace
with over 7 years experience and more than US$ 4 Billion in online
"The fast growth of the online property market coupled with the strong
attraction that the UAE has for international real estate investors made
creating Simsari.com a strong commercial proposition for Tejari," said Omar
Hijazi, CEO of Tejari. "The UAE has more than US$230 billion of real estate
projects planned or in progress and so there is enormous opportunity here.
Simsari.com offers home buyers and property investors unrivaled efficiency,
security and simplicity right from the comfort of their own home or office."
"Real estate is now among the top ten most sought after B2C categories
online: alongside hotels, resorts and online travel agencies," said Lallas,
who joins Simsari.com with a long track record in the real estate sector.
"Simsari.com has the combination of validated listings, online buying
capabilities, financing resources and expert insights to help property buyers
choose and own their Dubai home through a smart, simple process. And our
market is truly global."
Simsari.com's growth is underpinned by strong growth in the UAE's real
estate sector. According to the latest report from Middle East Economic Digest
(MEED), 175,000 new residential property units are expected to be available in
Dubai by 2010.
Simsari.com (http://www.Simsari.com) represents a new era of property
transactions. Using this portal, buyers and sellers from around the world can
come together to trade in real estate online.
Simsari.com is a Tejari company. http://www.Tejari.com is the leading B2B
online marketplace in the emerging markets with over 7 years experience and
over US$4 Billion in online transactions.
For additional information, please visit http://www.simsari.com.
For further information:
For further information: Press contacts: Eman Hussein, Spot On PR, Tel
+9714-3491-686, Email: emanh(a)spotonpr.com