Knight Knox launches in Dubai

UK-based property investment specialist Knight Knox has launched its first overseas office in Dubai, as part of its expansion into the Middle East region.   Based in Dubai, the office will expand to cover the entire Middle East region including the UAE, Saudi Arabia, Bahrain and Qatar and has been set up to allow both the expansion of their UK property offering, and to establish a new branch of the company that will focus solely on the sale of Dubai property around the world.  The Middle East business will be led by Jordan Yaffe, who will focus on Dubai real estate opportunities; and Lewis Combe, who will lead on investments located within the UK.   Sam Ballard, Operations Director at Knight Knox, said: “In 20 years of Knight Knox trading history, we have built up a strong Middle Eastern body of clients. There has long been a significant appetite for investment into UK property from the Middle East region, spurred on by numerous factors including favourable exchange rates, an unprecedented demand for rental property in the UK, as well as the diverse economy.  “The Middle East has quickly become an economic powerhouse thanks to a vast amount of regeneration and investment into the various areas within the region. This new office will allow Knight Knox to truly maximise on this opportunity.”  Knight Knox’s Middle Eastern client base has generally equated to between 20 and 30% of the company’s sales, but over the last 12 months this has climbed to 40% - highlighting a strong, growing appetite for UK property in the region.  Lewis Combe, Senior Property Consultant at Knight Knox, will lead the UK property arm of the Middle East division. He said: “The Middle East region itself has undergone significant economic expansion, resulting in increasing numbers of Middle East investors looking for UK-based property investment opportunities.