Refine, a real estate developer with headquarters in Dubai, has unveiled a unique idea called DaaS (Development as a Service). Its goal is to assist developers and investors wishing to enter the emirate’s real estate market.
“In Dubai, a city of three million residents and growing, real estate development is rich with thousands of developers vying for market share. This intense competition is among the densest globally, rising consistently as the market matures to greater heights.
“Anticipating the inevitable market consolidation, Refine’s founders leverage their unique exposure, experience, and expertise to form a strong alliance. With vast resources and a combined portfolio worth billions of Dirhams, we deliver refined projects with optimal efficiency and economy.
“Refine pioneers the DaaS solution, empowering fellow developers and investors with a simpler process for better results.”
Refne website statement
Refine, which was founded on the revolutionary DaaS concept, gives investors access to generations of real estate experience, as well as the strength of Refine’s fully functional team and network, removing the need for them to construct their own infrastructure.
Since its founding in 2021, the company – headed by second-generation entrepreneur and Refine Managing Partner Thomas Wan – has amassed a management portfolio valued at more than AED 7bn.
“Refine is committed to transforming the real estate landscape in Dubai by offering innovative solutions that go beyond traditional development practices.
“We create value in ways that have not been seen before, thanks to our unique DaaS methodology. Our mission is to deliver exceptional quality for our clients at every stage of their journey with us, and to enable investors and end users to enter the real estate market with confidence and peace of mind.”
Refine Managing Partner Thomas Wan
A family business with over 30 years of real estate heritage in China and the UAE, Wan builds on the generational business acumen of the company, with a track record of managing and delivering over AED 10bn ($2.7bn) in projects.
“Refine offers its clients either a monthly subscription or a ‘success fee only’ model, enabling them to choose based on their specific requirements. Clients can choose a ‘full journey’ approach, or hand-pick individual components of property development management, such as land acquisition, sales, marketing or administration, representing true flexibility and cost-effectiveness.
“Our quality-first approach is reflected in our impressive customer loyalty and retention, with more than 75% of our business represented by repeat clients and referrals,”
Refine Managing Partner Thomas Wan
The recently opened Rixos Downtown Dubai Residences and St. Regis Financial Centre Road Dubai are two of the many projects in the Refine portfolio.
