Yasser Fadl Qassem (R) receives the key from the W Capital official.

Inayat-ur-Rahman, Deputy Business Editor

Fortune smiled on Yasser Fadl Qassem, a Yemeni national, who won Nissan Patrol 2020, during a draw conducted by W Capital, one of the leading real estate brokerage companies in the UAE.

The draw was held on the occasion of announcing its second promotional campaign this year in conjunction with the Dubai Shopping Festival, under the supervision of the DLD and DED.

A special ceremony for the draw was organised by W Capital in the presence of a large crowd of contestants and media professionals. A representative of DED, withdrew the winning coupon of the lucky winner.

The new promotional campaign qualifies the customer to the draw when they buy the property through W Capital , and the initial and final purchase contracts are signed with the developer.

Walid Al Zarouni, Chairman of W Capital Real Estate Brokerage”, congratulated the winner, expressing his happiness for the success of the competition held under the supervision of the DLD and DED, as a means of boosting the distinguished promotional offers in future.

He stated that the draw comes in conjunction with the launch of the Dubai Shopping Festival, from Dec.17, 2020 to Jan.30, 2021, an occasion that boosts the real estate market by increasing demand and stimulating sales.

He added that the victory of a Yemeni resident reflects the spirit of brotherhood and coexistence that Dubai provides as one of the best places to live and work, all over the world.

Al Zarouni emphasised the fact that organising such prizes is one of the tools for private sector companies to stimulate real estate sales and increase buying momentum for individuals and companies ,while highlighting attractive investment opportunities.

He stated that this award is in line with “W Capital” strategy to bring joy and happiness to the hearts of their customers and within their aims of providing added value, which is a primary goal for “W Capital” clients. It also comes as part of a strategic vision for the company based on caring for its customers, who are the most important assets ,while maintaining their confidence.

He also emphasised the company's policy that is based on a steadfast and solid approach as customer-oriented since they launched their first operation within the UAE.

Al Zarouni indicated that a third draw will be made for a "Nissan Patrol" on Feb.10 , 2021.

He said that Dubai has the best real estate investment opportunities for foreigners. Due to the growth of supply in the market, prices are at attractive levels with unprecedented facilities for payment extending for five years.

Al Zarouni expected that the Dubai real estate sector will recover during the next year, as the economic sectors regain their strength while the risks of the COVID-19 pandemic vanish after starting the distribution of vaccines. There is also the great activities of the "Dubai Expo" in October 2021.