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Breaking Records, Making History

Forbes Middle East - English

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Jan 2023

 For Fakhreddin Minooeifar, Founder and Chairman of Dubai-based Mallorca Commercial Real Estate Advisory, his company's recordbreaking success is just the beginning.

Breaking Records, Making History

felt on top of the world as | stood on stage, winning the award for the highest real estate transaction as certified by RERA-Dubai Land Department; my wife and business partner, Saba Moghaddam, proudly by my side. It was more than just our latest achievement; it was the culmination of all the work and client-tailored dedication behind Dubai’s record-setting land deal that made the moment so incredible. Together, we made history. What we did not know at the time-in the midst of

celebration, the flash of cameras and the deafening applause—was that our best work was yet to come; that only a few short months later, we would shatter our own record. But we will get to that later in the story.

You see, was only 19 years old

when arrived in Dubai-young, but with a hunger that only this great land of opportunities could fulfill. It was as if the city itself breathed life; there was a constant surge of energy that inspired endless possibilities and it was the place where Mallorca Commercial Real Estate Advisory would undoubtedly make its mark.

For Saba and there was never a Plan B,” no such thing as three strikes and you’re out.” We would never fall back” on anything; we would only fall forward, completely committed to the brand and what it meant to represent our clients. Saba believed in me when was just a young dreamer, and she continues to grow the business today, as we summit the highest peaks of large commercial real estate. In some respects, might be a one-man show, but make no mistake, our business is a onewoman orchestra, and together we create a symphony of recordbreaking deals.

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