When it comes to selling property in Dubai, time is often of the essence. Whether you’re facing an unexpected financial crunch, relocating for work, or simply looking to liquidate your real estate assets quickly, the traditional property-selling process can feel like a never-ending maze of paperwork, negotiations, and delays. Enter PHOREE Real Estate, a trailblazing company that has redefined the property-selling experience with its InstantSell™ service. If you’re a property owner looking to sell your apartment or villa swiftly, PHOREE might just be your best bet. Here’s why.

PHOREE Real Estate isn’t your typical real estate agency. It’s a company that understands the urgency and stress that often accompany property sales. Unlike traditional brokers who rely on finding buyers, PHOREE uses its own funds to purchase properties directly from sellers. This unique approach allows them to make decisions quickly and offer a seamless, hassle-free experience.

What Makes PHOREE Different?

Instant Decisions: PHOREE is the only company in Dubai that can make a buying decision within 24 hours.

No Middlemen: By using its own capital, PHOREE eliminates the need for third-party buyers or lengthy approval processes.

AI-Powered Valuations: The company uses cutting-edge AI technology to assess properties, ensuring fair and transparent pricing.

Focus on Speed and Convenience: PHOREE’s entire process is designed to save you time and effort, making it ideal for those who need to sell quickly.

PHOREE’s InstantSell™ service is a game-changer for property owners in Dubai. It’s specifically designed for those who need to sell their properties fast, whether due to an emergency, relocation, or simply wanting to exit the market without the usual headaches.

How It Works:

Submit Your Property Details: Share basic information about your property, such as its location, size, and condition.

Get an Instant Offer: PHOREE’s AI system evaluates your property and provides a buying offer within 24 hours.

Accept and Get Paid: If you’re happy with the offer, PHOREE moves quickly to complete the transaction. Once you provide the necessary documents (like the NOC), payment is processed immediately.

Why InstantSell™ is a Game-Changer:

Speed: Traditional property sales can take months. With InstantSell™, you can sell your property in as little as 24 hours.

No Stress: Forget about staging your property, hosting viewings, or negotiating with buyers. PHOREE handles everything.

Certainty: Once you accept the offer, the deal is guaranteed. No last-minute surprises or deal fall-throughs.

PHOREE’s service is perfect for a specific group of property owners. If you fall into any of these categories, InstantSell™ could be your best option:

Owners in a Hurry: If you’re facing an emergency or need to relocate quickly, PHOREE’s speed is unmatched.

Long-Term Investors: If you bought your property years ago and it has appreciated significantly, PHOREE allows you to cash out without losing your principal investment.

Owners of Ready-to-Move-In Properties: PHOREE focuses on apartments and villas that are vacant, in good condition, and located in top communities.

Those Who Value Convenience: If you want to avoid the hassle of traditional selling methods, PHOREE offers a streamlined, stress-free alternative.

PHOREE has specific criteria to ensure they maintain high standards and minimize risks. Here’s what your property needs to qualify:

Type: Only residential properties (apartments and villas) are eligible. Plots and commercial properties are excluded.

Condition: The property must be ready to move in, vacant, and free from major maintenance issues.

Location: Your property must be in a freehold area and belong to one of Dubai’s top 100 buildings or top 25 villa communities.

Age: The building or community should not be older than 10 years.

Documentation: You must be able to provide the No Objection Certificate (NOC) within 5 business days and clear any pending service charges.

While PHOREE is selective about the properties it buys, this ensures that the process is efficient and fair for both parties.

One of the standout features of PHOREE Real Estate is its use of AI technology to determine property values. This ensures that the valuation process is objective, accurate, and free from human bias.

How It Works:

Market Analysis: PHOREE’s AI system analyzes current market trends, comparable sales, and property-specific factors.

Fair Market Value: The system calculates the property’s intrinsic value based on the data.

Offer Price: PHOREE typically offers 13% below the fair market value to account for capital costs, transaction fees, and potential risks.

Why the 13% Discount?

Cost of Capital: PHOREE uses its own funds to buy properties, and the discount reflects the cost of deploying this capital.

Transaction Costs: The discount covers expenses like legal fees, registration costs, and administrative charges.

Risk Mitigation: The discount accounts for potential risks, such as market fluctuations or unforeseen maintenance issues.

While the discount might seem significant, it’s important to remember that PHOREE’s service is designed for speed and convenience. For many sellers, the trade-off is well worth it.

One of the biggest advantages of PHOREE’s InstantSell™ service is the speed at which transactions are completed. Here’s a breakdown of the timeline:

Offer Issuance: Within 24 hours of submitting your property details.

Documentation: You’ll need to provide the NOC and clear any pending service charges. This typically takes 5 business days.

Payment: Once the documentation is complete, PHOREE processes the payment immediately.

Compared to the average time to sell a property in Dubai (which can range from 112 to 130 days), PHOREE’s process is lightning-fast.

If you’re looking to sell your apartment or villa quickly, PHOREE Real Estate offers several compelling advantages:

Unmatched Speed: No other company in Dubai can match PHOREE’s 24-hour offer turnaround.

Hassle-Free Process: Forget about staging, viewings, or negotiations. PHOREE handles everything.

Transparency: The use of AI ensures fair and objective valuations.

Certainty: Once you accept the offer, the deal is guaranteed. No last-minute surprises.

Focus on Residential Properties: PHOREE specializes in apartments and villas, making it the ideal choice for residential property owners.

In a city as fast-paced as Dubai, PHOREE Real Estate’s InstantSell™ service is a breath of fresh air for property owners who need to sell quickly. Whether you’re facing an emergency, relocating, or simply looking to exit the market without the usual hassles, PHOREE offers a reliable, transparent, and efficient solution.

With its unique combination of speed, convenience, and cutting-edge technology, PHOREE Real Estate has positioned itself as one of the best options for property owners in Dubai. If you’re ready to sell your apartment or villa quickly, PHOREE is here to make the process as smooth and stress-free as possible.

For more information, visit https://www.phoree.ae/about-us and discover how PHOREE can help you sell your property in record time.