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.
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 7 billion.
“Refine is committed to transforming the real estate landscape in Dubai by offering innovative solutions that go beyond traditional development practices,” remarked Wan.
“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,” he stated.
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 10 billion ($2.7 billion) 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,” he stated.
The recently opened Rixos Downtown Dubai Residences and St. Regis Financial Centre Road Dubai are two of the projects in the Refine portfolio.
“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,” he added.
