Dubai, UAE: Engel & Völkers Middle East, known for its residential and commercial real estate services in the premium segment, has been appointed as the exclusive real estate agency for P.O.B1 Properties, a new real estate development division launched by the Saif Al Ghurair Real Estate Group, a diversified family-owned conglomerate with operations in manufacturing, real estate, and financial investments. Saif Al Ghurair Group has an expanding global presence and a network of operations in MENA, Europe, North America, and Australia.

Inspired by the historical significance of owning PO Box 1, P.O.B1 Properties represents a deep connection to Dubai’s heritage and a commitment to excellence in real estate development. P.O.B1’s mission is to craft innovative spaces that blend design, functionality, and value, creating communities that prioritise quality of life.

Ghaith A. Shocair, CEO of P.O.B1 Properties and CEO and board member of Saif Al Ghurair Real Estate, emphasised the importance of this collaboration: "I am delighted to announce P.O.B1’s partnership with Engels and Volkers, a global real estate sales leader, who share our P.O.B1 vision of delivering detail-oriented, functional and value-driven projects to homeowners and investors worldwide. Our combined brand strength, shared values and ethics are the cornerstones of this new relationship.” 

Engel & Völkers was selected for its global expertise and unparalleled track record in representing premium real estate. Daniel Hadi, CEO of Engel & Völkers Middle East, stated: “This partnership with P.O.B1 Properties is a significant milestone for Engel & Völkers Development Services. We are highly selective when it comes to collaborating with developers, and P.O.B1’s vision and commitment to delivering value, security, and exceptional quality make this a perfect fit. Together, we will introduce their ambitious projects to both local and international buyers, leveraging our extensive network and global reach.”

As the exclusive agency, Engel & Völkers will be the main point of contact for sales inquiries for P.O.B1 Properties’ upcoming development, which is expected to launch imminently in Dubai. With over 1,000 offices worldwide, Engel & Völkers will utilise the power of the global network to introduce these projects to international buyers and investors through roadshows and activation of the vast network of agents. 

This partnership highlights Engel & Völkers’ commitment to working with developers that prioritize long-term value and quality. With P.O.B1 Properties’ extensive landbank and ambitious vision, this collaboration is poised to shape the future of Dubai’s real estate market with innovative, high-quality projects that align with the city’s growth and sustainability goals.

For more information about Engel & Völkers Middle East and its new Development Services department, please visit: https://www.engelvoelkers.com/ae/en/company/development-services

Press contact: 
Diana Džaka Bičo
Marketing Director
Office 21 Mezzanine Level, Golden Mile 2,
Palm Jumeirah, Dubai UAE
Dubai, United Arab Emirates
Telephone number: +971 52 881 8057
diana.dzaka@engelvoelkers.com 

Flor Pamintuan 
PR Account Director    
Ishraq Communications LLC                              
flor@ishraqcomms.com

About Engel & Völkers:
Engel & Völkers is one of the world’s leading service companies specialized in the brokerage of premium residential property, commercial real estate, yachts and aircrafts. For over 45 years now, the wishes and needs of private and institutional clients have had top priority, giving rise to the ongoing development of a range of services relating to all aspects of real estate. Sales and leaseholds, as well as consultancy for various investment opportunities in the real estate segment are among the core competencies of more than 16,500 people operating under the Engel & Völkers brand. The company is currently operating in over 35 countries on five continents. Intensive training schemes in its in-house real estate Academy and the high level of quality assurance governing its systematically structured service provision are key factors that account for the company’s success. Engel & Völkers develops digital tools and IT products on an ongoing basis in order to keep its service as efficient as possible. In doing so, the company is setting new standards in digital solutions for property brokerage. www.engelvoelkers.com 

About Engel & Völkers Middle East:
Established in 2014, Engel & Völkers Middle East has its offices in Dubai, United Arab Emirates. The team consists of over 200 trusted agents, each focusing on premium residential and commercial properties, serving as experts in their respective areas. The company recently established a separate entity for commercial real estate (Engel & Völkers Commercial Middle East). Engel & Völkers Commercial serves as an entry point to exceptional commercial real estate opportunities in Dubai, from attractive office spaces to industrial complexes. The Private Office provides services for affluent clients and has access to premium real estate globally. Whether you're in the market to rent, buy, or sell a property, Engel & Völkers Middle East is a perfect choice to achieve your real estate goals. www.engelvoelkers.com/ae/en