Moving Doors PropTech startup expands to Dubai
10:16 - 07 March 2024
Moving Doors, a leading PropTech startup, has announced its expansion to Dubai, United Arab Emirates, marking a significant step in its international growth strategy.
The company will begin operations immediately, focusing on two key areas: generating contacts and acquiring landlords, followed by the launch of serviced apartments by the end of March.
Moving Doors has established a strong relationship in Dubai's Real Estate sector, ensuring a smooth and efficient process for landlords joining the network. This collaboration simplifies regulatory steps and streamlines documentation, making it easier for property owners to participate in the growing serviced apartment market.
"Today marks a momentous day for Moving Doors as we extend our hand-selected, flexible serviced apartments to Dubai. Our mission has always been to revolutionize the way people live, work, and travel, providing them with unparalleled flexibility, comfort, and convenience. Dubai's thriving economy and diverse population make it the perfect location for us to introduce our services," said Yiannis Christodoulou, Co-Founder of Moving Doors.
“In just two years of operation, Moving Doors has demonstrated impressive growth, boasting a 300% increase in revenue from 2022 to 2023. This remarkable achievement underscores the company's strong foundation and ability to scale effectively,” said Kyrillos Sehata, COO of Moving Doors.
Moving Doors' expansion to Dubai leverages the company's established success in Cyprus. By adapting its proven model to the local market, Moving Doors is confident in replicating its achievements in the UAE.
Step 1: Generating Contacts and Acquiring Landlords
The launch of Dubai operations first focuses on Acquiring Landlords. Moving Doors will leverage its expertise in lead generation and relationship building to attract landlords in Dubai.
Step 2: Launching Serviced Apartments
Starting with two serviced apartments in Dubai by the end of March, Moving Doors goal for 2024 is to acquire and design 150 apartments by the end of the year. These meticulously designed and furnished spaces will cater to the needs of modern travellers, offering flexible booking terms, exceptional services and competitive pricing through Moving Doors own proprietary pricing algorithm.
For more information about Moving Doors and its properties in Dubai, please visit dubai.movingdoors.com
About Moving Doors: Moving Doors is a leading provider of fully serviced and equipped apartments in prestigious living areas in Cyprus. The apartments fulfil the high standards of Moving Doors as they are hand-selected and designed. With a commitment to exceptional service, the apartments offer a high-quality experience of living in Cyprus. Moving Doors apartments are located in the popular spots of Limassol, Paphos and Larnaca.
Moving Door's value proposition also attracts landlords, as a long-term lease will increase the value of the property, establish a steady income, guarantee a monthly rental income and include property and tenant management. With a future vision of expansion, the company is currently expanding its footprint to Dubai by providing serviced apartments. The recent rebranding to Moving Doors (formerly known as Staycaee) intends to reflect the commitment to helping people move seamlessly through their lives. For more information, please visit movingdoors.com.