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Condo
Hotels Dubai is a division of Sheldon Greene & Associates,
Inc., a licensed real estate broker. The firm was founded
in 1970 by Sheldon Greene to specialize in the sale
of hotels. Located in Miami, Florida, it became one
of the largest real estate brokerages in the hospitality
field.
 Eventually,
Sheldon's son, Joel Greene, joined the firm. In 2000,
Sheldon and Joel recognized a new trend in hotels. They
saw many luxury hotels, both new and existing, selling
their rooms as condos to individual buyers.
Owners
could use their condos as vacation homes whenever they
wanted and place them in a professionally-managed rental
program when they were not using them. They would share
in any revenue their condo generated. Furthermore, they
could sell their condo hotel unit when they wanted,
much like a traditional condo, and profit from any appreciation.
Sheldon
and Joel quickly recognized the benefits of this unique
real estate investment and set about becoming experts
in the field. They established Condo Hotel Center in
2002. Today, the firm is the worldwide leader in the
sale of condo hotels and is also the #1 source for information
on the subject with its 500+ page website, www.CondoHotelCenter.com,
and its popular Property
Alert newsletter.
In
2005 Sheldon and Joel learned of some new condo hotels
being built in Dubai, United Arab Emirates. They and
their research team spent several months investigating
opportunities in this dynamic region.
They
found that the condo hotels were five-star quality and
were being sold at considerably less than similar U.S.
properties. Furthermore, some of the developers were
offering guaranteed returns of as much as 8% to buyers.
Sheldon and Joel decided to introduce Dubai's condo
hotels to their clients. The response was overwhelmingly
positive.
Based
on the high interest level they found, they created
a new division of the company called Condo Hotels Dubai.
This division is exclusively dedicated to finding condo
hotel properties in Dubai, particularly in the pre-construction
stages when prices are lowest and selection is greatest.
Today,
Condo Hotels Dubai operates in tandem with Condo Hotel
Center. Their approach to doing business is one and
the same: provide clients with a wealth of information
on quality condo hotel properties, enabling them to
make informed real estate investment decisions.
For
more information, contact Condo Hotels Dubai at info@CondoHotelsDubai.com
or call their Florida office at (954) 450-1929.
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