Overview
AX CAPITAL Real Estate is an A-class real estate agency operating from the 14th Floor of Westburry Tower, Business Bay, Dubai, United Arab Emirates. Established in 2018, the company excels in the sale, rental, and management of luxury villas, townhouses, and apartments, cementing its role as a pivotal partner in the bustling Dubai real estate market.
Services and Specializations
AX CAPITAL provides a comprehensive range of real estate services focusing on:
- Consulting: Utilizing extensive market experience for seamless property transactions, encompassing buying, selling, and renting.
- Property Selection and Viewing: Sourcing properties tailored to specific requirements, offering virtual tours for convenience.
- Deal Support: Facilitating document preparation, negotiation, and mortgage arrangements.
- After-Sales Services: Enabling property insurance and utility activations post-purchase.
- Property Management: Overseeing both short and long-term rentals.
The firm underscores the alignment of investor interests with meticulous property selections, driven by cutting-edge solutions and an unwavering commitment to aesthetic excellence.
Team Structure
AX CAPITAL’s diverse team comprises over 700 professionals proficient in over 30 languages, enhancing communication with an international clientele. Key figures in the organization include:
- Afsal Mohamed: Chief Executive Officer
- Ben Thomas: Head of Secondary Market, with 19 years of industry experience
- Dmitri Zolotco: Senior Sales Manager, possessing 12 years of industry insight
- Aram Grigorian: Senior Property Expert, multilingual with 11 years of experience
This expert team accentuates AX CAPITAL's commitment to maintaining a highly knowledgeable workforce across all real estate sectors.
Market Insights and Performance
AX CAPITAL’s analytical prowess is underscored by handling over 14,000 real estate transactions and maintaining a database with 7,000+ property listings. Insights from the Dubai Land Department illustrate a dynamic market:
- A 12% rise in secondary market volume with a 2% increase in value year-over-year.
- A remarkable 325% surge in off-plan transaction volume, with values soaring by 262%.
The company provides strategic advice on the resale potential of off-plan properties, emphasizing its role in enabling profitable real estate investments.
Strategic Partnerships and Innovations
Regularly enhancing their offerings, AX CAPITAL engages in strategic partnerships and adopts innovative practices. The company is actively transforming property investment through advanced technologies and forward-looking strategies. Services like AX CORPORATE support business registration and legal processes in the UAE, while AX DESIGN delivers tailored interior solutions.
Training and Development
Through its AX Academy, AX CAPITAL emphasizes employee professional development. Led by trainers Brian Witbooi and Anastasia Grigoras, the academy concentrates on CRM systems, sales methodology, and soft skills, ensuring the team remains ahead in real estate expertise.
Competitor Profiling
Key Competitors
1. D&B Properties
- Industry Recognition: Renowned for real estate solutions and investment advisory, honored as 'Top Broker of Emaar' and 'Top Real Estate Company of DAMAC.'
- Company Size: 201-500 employees.
- Business Model: Encompasses property management, luxury property sales, and real estate consultancy.
- Specialties: Off-plan investments, real estate brokerage, and investor advisory.
- Headquarters: Dubai, UAE.
2. OBG (One Broker Group)
- Market Position: Award-winning brokerage concentrating on residential sales in Dubai.
- Company Size: 11-50 employees.
- Core Services: Sales of residential villas and apartments, off-plan sales, project investments, and consultancy.
- Headquarters: Dubai, UAE.
3. Evernest
- Company Profile: Specializes in managing and selling single-family and small multifamily rental properties.
- Company Size: 201-500 employees.
- Operations: Predominantly US-based with a focus on property management.
- Specialties: Single-family home management and real estate investment.
4. I-Realtor Real Estate
- Reputation: esteemed for offering luxury and exclusive residential properties, particularly in the UAE market.
- Company Size: 11-50 employees.
- Specialties: Luxury apartments and property development.
- Headquarters: Abu Dhabi, UAE.
Market Analysis
AX CAPITAL Real Estate thrives in Dubai’s vibrant, competitive real estate market, contending with firms that specialize in brokerage and property management services. Competitors distinguish themselves through exclusive services or regional focus, leveraging robust local networks and partnerships with premier developers. To carve its niche, AX CAPITAL can leverage its substantial workforce for superior service and customer engagement, potentially enhancing its strategic collaborations and technological advances to secure its market foothold.
