STATUS Real Estate Company Profile

Background

Overview

STATUS Real Estate is a distinguished real estate company specializing in luxury properties, including waterfront villas, high-rise apartments, and exclusive off-market listings. Established in 2021 and based in Dubai, UAE, the company is committed to delivering a client-centric approach with personalized services that encompass mortgage assistance, conveyancing, property management, holiday homes, and home maintenance.

Mission and Vision

Mission: To redefine luxury real estate by setting new standards of sophistication, innovation, and trust, aiming to be the most valued and sought-after partner for clients seeking exceptional homes and transformative investment opportunities.

Vision: To be the pinnacle of excellence in Dubai's luxury real estate market, offering experiences that reflect elegance, exclusivity, and lasting value.

Industry Significance

Since its inception, STATUS Real Estate has positioned itself as a trusted partner for discerning clients seeking refined living and excellent investment opportunities in Dubai's evolving luxury real estate market. The company emphasizes innovation and excellence, combining deep local market knowledge with global luxury trends to meet the unique needs of investors and homeowners.

Key Strategic Focus

Core Objectives

To provide seamless experiences and exceptional outcomes tailored to clients' unique aspirations.

To maintain leadership by staying at the forefront of market trends, consistently leveraging new technologies and innovations.

Areas of Specialization

Luxury residential properties, including waterfront villas and high-rise apartments.

Exclusive off-market listings.

Comprehensive property services such as mortgage assistance, conveyancing, property management, holiday homes, and home maintenance.

Key Technologies Utilized

Cutting-edge technology and market analytics to provide insights and solutions that keep clients ahead in Dubai's dynamic real estate landscape.

Virtual tours and advanced digital marketing strategies to enhance property visibility and client engagement.

Primary Markets Targeted

High-net-worth individuals seeking luxury properties in Dubai.

Investors looking for transformative investment opportunities in the UAE's real estate sector.

Financials and Funding

As a privately held company, STATUS Real Estate does not publicly disclose detailed financial information or funding history.

Pipeline Development

Specific details regarding STATUS Real Estate's pipeline development, including upcoming projects, stages of development, target conditions, and anticipated milestones, are not publicly available.

Technological Platform and Innovation

Proprietary Technologies

Utilization of advanced market analytics and virtual tour technologies to enhance property presentations and client engagement.

Significant Scientific Methods

Integration of data-driven insights and market analytics to inform property valuations and investment strategies.

AI-Driven Capabilities

Implementation of AI-powered communication and lead generation tools to streamline client interactions and improve service efficiency.

Leadership Team

Farid Balakishiyev

Position: Senior Real Estate Broker

Professional Background: With seven years of experience navigating Dubai's dynamic luxury market, Farid founded STATUS Real Estate in 2018 with a clear purpose and unwavering dedication.

Other Senior Real Estate Broker

Position: Senior Real Estate Broker

Professional Background: With seven years of experience navigating Dubai's dynamic luxury market, this individual co-founded STATUS Real Estate in 2018, bringing a clear purpose and unwavering dedication to the company.

Competitor Profile

Market Insights and Dynamics

The luxury real estate market in Dubai is characterized by high demand from international investors and high-net-worth individuals seeking exclusive properties. The market is dynamic, with a continuous influx of new developments and a focus on innovative designs and amenities.

Competitor Analysis

IOKA International Real Estate: Specializes in luxury properties in Dubai, offering a range of high-end residential and commercial real estate services.

Arkan Dubai: Focuses on premium real estate developments, providing exclusive properties and personalized services to clients.

Alfardan Group: A diversified conglomerate with a significant presence in the luxury real estate sector, known for high-quality developments and investments.

Al ETQAN: Engages in real estate development and investment, focusing on delivering quality properties in prime locations.

First Place Realtor: Offers a range of luxury real estate services, including property sales, rentals, and management.

I C S REAL ESTATE LLC: Provides comprehensive real estate solutions, specializing in high-end properties and client-focused services.

SBRE – Saleh Byrne Real Estate: Focuses on luxury real estate brokerage services, offering a curated selection of exclusive properties.

SY Capital Estates: Specializes in premium real estate investments and developments, catering to high-net-worth clients.

Centurion Properties: Offers a portfolio of luxury properties and real estate services, emphasizing quality and client satisfaction.

Core Realty — Community of Real Estate: Provides a range of real estate services, including luxury property sales and management.

MAK Developers: Engages in real estate development, focusing on delivering high-quality residential and commercial properties.

AA & HMB Real Estate Development: Specializes in real estate development and investment, offering a range of luxury properties.

Strategic Collaborations and Partnerships

Specific details regarding STATUS Real Estate's strategic collaborations, partnerships, or alliances are not publicly available.

Operational Insights

STATUS Real Estate differentiates itself through a client-centric approach, leveraging advanced technologies and market analytics to provide personalized services. The company's focus on luxury properties and comprehensive service offerings positions it as a competitive player in Dubai's luxury real estate market.

Strategic Opportunities and Future Directions

STATUS Real Estate aims to expand its portfolio by incorporating more exclusive properties and enhancing its service offerings to meet the evolving needs of its clientele. The company is committed to maintaining its position at the forefront of market trends and technological innovations to deliver exceptional client experiences.