For agents
Open mandates
These are live requirements from my clients, written the way they were given to me. If you have something that fits, send it across with the numbers and I will come back to you the same day. If it does not fit the brief, please do not send it: the notes under each mandate exist so neither of us wastes an afternoon.
12 open, updated as they come in
A full building, below market
Dubai, area open
- Asset
- Whole building
- Price
- Below market
- Area
- Open
A whole building, bought for the discount rather than the address. The client is not restricting the area or the asset class; what they are buying is the gap between the price and the market.
A building at market is not of interest. Send the comparables with the price rather than after it, because the discount is the entire requirement.
Open this mandateRetail building, or a villa let to a business
Jumeirah
- Buyer
- GCC citizen
- Tenancy
- Commercial, in place
- Area
- Jumeirah
A retail building, or a Jumeirah villa currently tenanted to a business rather than a residential tenant. The buyer is a GCC citizen, so title restrictions that would normally narrow the field do not apply here.
A villa with a residential tenant does not fit. The income has to be commercial.
Open this mandateVillas to renovate
6 communities, listed below
- Budget
- AED 5m to 20m
- Condition
- Needs work
- Communities
- 6 only
Villas the client intends to take apart and rebuild. Tired stock is the point: a villa already renovated, at a renovated price, is the opposite of what is wanted here.
Jumeirah Golf Estates, Palm Jumeirah, Jumeirah Islands, The Lakes, The Villa and Victory Heights. Nothing outside those 6, and nothing already refurbished.
Open this mandateOffice on the canal
One Central or Business Bay
- Size
- 2,500 to 3,000 sqft
- Budget
- AED 1.5m a year
- Term
- Multi-year
Office for a client relocating their Dubai operation. One Central works anywhere in the development; Business Bay only on the canal. Fitted or shell both considered, but the frontage is not negotiable.
Business Bay stock must be on the canal. Off-canal buildings are not of interest.
Open this mandateRetail space
Business Bay
- Size
- circa 5,000 sqft
- Area
- Business Bay
- Term
- Long term
Around 5,000 sqft of retail space in Business Bay for a client taking it long term. Ground floor with genuine footfall, or clear visibility from the road.
Footfall is the test, not the rate. A unit on a quiet frontage at a good price does not fit.
Open this mandate3 or 4 bedroom townhouse
Dubai, area open
- Bedrooms
- 3 or 4
- Budget
- AED 3.5m
- Stage
- Ready or off-plan
A 3 or 4 bedroom townhouse to a budget of AED 3.5m. Ready and off-plan are both open, so the constraint is the budget and the bedroom count rather than the stage.
No community has been ruled in or out, so anything that fits the budget and the bedroom count is worth sending.
Open this mandate2 bedroom below the original price
City Walk or Dubai Hills Estate
- Bedrooms
- 2
- Areas
- City Walk or Dubai Hills
- Price
- Below original
A 2 bedroom in City Walk or Dubai Hills Estate, bought below what the unit originally sold for. The benchmark is the original price, not today's asking.
Below the developer's original price, evidenced. A reduction from an optimistic asking price is not the same thing and will not pass.
Open this mandate10% below market, or better
Business Bay
- Budget
- AED 1.5m
- Discount
- 10% or more
- Area
- Business Bay
Anything residential in Business Bay at 10% or more below market, to a budget of AED 1.5m. The discount is the requirement; the unit type is open.
10% is the floor rather than the target, and it is measured against comparable sales, not against an asking price.
Open this mandateSmall office by the metro
Business Bay
- Budget
- AED 125,000 a year
- Area
- Business Bay
- Access
- Walk to the metro
A small office in Business Bay within walking distance of a station. The walk is the requirement rather than a preference.
Walking distance, not a short drive. A cheaper unit further out does not fit the brief.
Open this mandate8% net, residential or commercial
Dubai, area open
- Net yield
- 8% minimum
- Asset
- Residential or commercial
- Building
- Not old stock
- Developer
- Established
Units returning at least 8% net, with the asset class left open: residential and commercial both work. What is not open is the stock itself. The building has to be reasonably modern and the developer one with a record.
Net of the service charge, not gross. A high headline yield coming off a tired building or an unfamiliar developer is exactly what this mandate exists to avoid, so send the build year and the developer alongside the numbers.
Open this mandateTenanted units at 7% net
Dubai, area open
- Net yield
- 7% or better
- Tenancy
- In place
- Buyer
- Mortgage
Ready units with a tenant already in place returning at least 7% net. The buyer is financing the purchase, so the income has to be contracted on the day it is valued.
Net of the service charge, not gross. Vacant and off-plan stock does not fit, however good the headline rate looks.
Open this mandatePlots for a joint venture
Jumeirah Village Circle
- Area
- Jumeirah Village Circle
- Structure
- Joint venture
- Asset
- Plot
Plots in Jumeirah Village Circle for a joint venture development rather than an outright purchase. The client brings the capital and takes a share of the result; the landowner stays in.
A straight sale is a different conversation and can still be sent, but what is being sought here is a partnership with the landowner rather than the land itself.
Open this mandateHow I work with agents
Commission is shared on the standard terms, agreed in writing before an introduction is made. I do not shop your listing around, and I do not go direct to your vendor. Bring the property, the price and the availability, and if it fits a mandate above I will put it in front of the client myself.
Bring me a deal
Tell me which mandate you can fill and it reaches my phone marked with that reference. I answer agents myself, the same day, whether or not the answer is yes.
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