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Arabian Falcon Holidays – The Pioneer’s Of Timeshare In Dubai
February 28, 2009 by Fractional Property Ownership, Timeshare & Luxury Travel Magazine · 1 Comment
With year-round sunshine and exceptional infrastructure, Dubai is the fastest growing city in the world. Here is a city where breathtaking architecture, high-tech business parks, championship golf courses, modern exhibition centres, indoor ski slopes and fabulous shopping malls co-exist with some of the world’s most glamorous hotels and beach resorts. Dubai has quickly become one of the world’s most desirable vacation destinations.
In less than fifty years, Dubai’s staggering impetus, scope and vision has created a city for the future. Cutting edge technology and warm hospitality make this the perfect place to work and play. You’ll find world class restaurants and a vibrant nightlife, old world markets, designer fashions, exquisite jewellery, and covetable artefacts in fascinating back streets. The thoroughly contemporary sits comfortably alongside a traditional trading culture. And on the glistening waters of the Arabian Gulf, you’ll enjoy pristine beaches and exciting water sports.
Vacation Ownership has been flourishing in the Middle East for many years, predominately in Egypt, North Africa, Lebanon and Makkah but has not been available in Dubai until very recently. The last decade has seen Dubai become a global ICON across the entire spectrum for its unrivaled economic growth. The Dubai government, in particular the Department of Tourism and Commerce Marketing, and Emirates Airlines have established Dubai as the new favorite and desired holiday destination.
Many of the world’s largest, tallest, and most unique real estate projects are underway with some already delivered, such as the Royal Club at Palm-Jumeirah. Vacation Ownership has been the fastest growing sector of the world-wide travel and tourism industry for a decade and with the recent spectacular tourism growth in Dubai it has been a natural progression for vacation ownership to follow.
Vacation Ownership has unlimited potential in this market. The current estimated penetration rate for timeshare in the Middle East is only around 1%. Several major international developers are well under way with plans for their Dubai Vacation Ownership Developments and since the timeshare legislation was approved in March this year many major global hospitality brands currently developing Vacation Ownership resorts around the world have expressed very high levels of interest in Dubai having recognized the huge untapped potential of the area. The projected tourism figures are 15 million visitors by 2015.
The Company
Initially selling vacation ownership products for resorts in Egypt, Lebanon and Tunisia, Arabian Falcon Holidays today is the largest independent timeshare sales and marketing company in the United Arab Emirates, with a wide client base in countries throughout the region, Europe and Africa.
In June 2003, as a result of exceptional sales performance, Arabian Falcon Holidays was appointed the exclusive marketing agent for Dubai’s first vacation ownership resort – Royal Club at Palm-Jumeirah. On gaining this contract, a 10,000 sq ft purpose-built sales office in Oud Metha Building (Citibank Tower) was established, and operations commenced in late November 2003.
Master developer, Nakheel, handed over the completed apartments to Caryatid Properties, in the first quarter of 2007. The luxury fit of Royal Club at Palm-Jumeirah followed and by the end of the year, more than 250 members had took their first timeshare vacations. The resort is now entirely sold out.
In March 2006 Arabian Falcon Holidays was pleased to be appointed as the exclusive UAE, Middle East marketing agent for Residence Richer in Paris, an elegant boutique hotel in the heart of the French capital, which is part of Charm & More Vacation Club. Following the performance of Royal Club at Palm-Jumeirah, the Developer acquired 100 apartments at Downtown Tower from leading developer, Hydra Properties. Arabian Falcon Holidays have signed an exclusive marketing contract for Royal Club at Downtown Dubai.
A prime location – close to the Dubai Mall and the extraordinary Burj Dubai – ensures that on completion Royal Club at Downtown Dubai will be one of the finest urban vacation ownership resorts in the world.
Arabian Falcon Holidays have recognized that a mixed use tourism development incorporating hotel and Vacation Ownership is an established mainstream hospitality product for both consumer and developers and is the model that they will follow for their upcoming projects.
A positive response from the GCC market, Europe and Africa, has prompted Arabian Falcon Holidays to open an office in Jeddah and sales are scheduled to start in May 2008.
At the Vacation Ownership Investment Conference (VOIC 2007), Arabian Falcon Holidays was honoured by Interval International and received the Pioneer’s Excellence Award, which was presented to Chairman, Al Mohannad Sharafuddin by Interval International Chairman and CEO, Mr. Craig M. Nash. The award was given “for visionary foresight and recognition of the timeshare potential of Dubai and for pioneering the marketing of the city’s first timeshare resort.
The Staff
The Royal Club at Palm-Jumeirah employs over 85 personnel that can speak 7 different languages. Arabian Falcon Holidays believes that this is their most valuable asset going forward. Comprehensive training is conducted on an ongoing basis and staff performance is continuously monitored to ensure Arabian Falcon Holidays provides the finest standards of service excellence to its member’s at all departmental levels.
The Founder
Starting in the vacation ownership industry in 1994 as a sales consultant in Riyadh, Saudi Arabia, Al Mohannad Sharafuddin excelled rapidly and achieved the position of top producer across eight sales offices. In little more than a year, he had advanced to sales supervisor, then sales manager, and had become training manager for Saudi Arabia and the Gulf Region. Mohannad was posted to Dubai in 1996. He quickly recognized that the UAE and Dubai in particular was a tremendously promising market for vacation ownership investment and so in 1999 as the principal shareholder and managing director, Al Mohannad Sharafuddin, along with his wife Kholoud Taha founded Arabian Falcon Holidays.
More Information: Royal Club At Palm Jumeirah
More Information: Royal Club At Downtown
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