Space Eight World Property
Space Eight World Property (Space8) is a Dubai-headquartered, RERA-licensed real estate brokerage that intermediates premium UAE property transactions for international high-net-worth investors via a 642-listing online catalog and a 24/7 Personal Manager service.
- Company typePrivate
- Founded2009
- HeadquartersDubai, United Arab Emirates
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Space Eight World Property does
Space Eight World Property (operating as Space8) is a Dubai-headquartered real estate investment firm that intermediates premium UAE property transactions for international high-net-worth investors. Founded in 2009 by Alexander Kovalev and Artem Malaga, with the Dubai office opened in 2021, the company operates from Avani Palm View in Media City under the legal entity Space Eight Real Estate LLC (RERA License No. 1110488). Its core offering is a curated catalog of 642 property listings sourced from tier-1 developers including DAMAC, Emaar, Nakheel, Meraas, and Omniyat, with emphasis on off-plan, assignment, and ready inventory across areas such as Palm Jumeirah, Business Bay, Dubai Hills, City Walk, and Dubai Islands.
The platform is built around the space8.ae website, which exposes smart filters (Hot, Highest ROI, Guaranteed ROI, Super-luxury, Branded, Fully furnished), area guides, developer profiles, and a blog. It is supported by a proprietary ROI Forecasting System that scores 600+ properties against 24 investment criteria and a 24/7 Personal Manager service that handles the full transaction lifecycle from fund transfer to document delivery. Adjacent services include a Property Management offering and an Affiliate Program paying 30% commission on referred transactions.
Space8 earns revenue primarily through real estate sales commissions on property transactions, supplemented by affiliate referral commissions and property management fees. The company runs a tri-channel go-to-market: high-touch direct sales via Personal Managers, a self-serve digital catalog for international investors, and a channel-partner/affiliate network. The customer base is concentrated in international HNW individuals seeking Dubai exposure for Golden Visa eligibility, rental yields (cited up to 11% annually), and capital appreciation in a market that grew 27% in 2024. The company employs 5 people, has no disclosed external funding, and operates as a privately held founder-owned firm.
Space Eight World Property firmographics
Firmographics- Name
- Space Eight World Property
- Legal name
- Space Eight Real Estate LLC
- Website
- https://space8.ae
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Space Eight World Property (Space8) is a Dubai-headquartered, RERA-licensed real estate brokerage that intermediates premium UAE property transactions for international high-net-worth investors via a 642-listing online catalog and a 24/7 Personal Manager service.
- Ownership category
- akta.pro rank
Space Eight World Property industry classification
Industry- Product category
- Real Estate Brokerage and Investment Advisory
- NAICS
- Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
Keywords
Where Space Eight World Property is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices2 records
Markets served
Space Eight World Property business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Real Estate Sales Commission: Space8 earns commissions on property transactions by connecting buyers with premium Dubai real estate developers including DAMAC, Emaar, Nakheel, Meraas, and others. The company offers verified projects from the best developers with whom they partner on exclusive terms.
- Affiliate Referral Commission: The company operates an affiliate program where partners earn 30% of the commission generated from referred clients who complete property purchases.
- Property Management Services: Space8 offers property management services to clients, though specific pricing and service details are not publicly disclosed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Commission-based affiliate partnership |
| Unit Pricing | Multi-year contract | Premium residential properties |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Space Eight World Property product offering
Product offeringCore offering
Space8 is a Dubai-based real estate investment firm that brokers and advises on premium Dubai property transactions for international investors. The company operates a property catalog of 642 listings sourced from major developers (Emaar, DAMAC, Nakheel, Meraas, Omniyat) and supports clients from property selection through fund transfers, document execution, and post-purchase property management. Revenue is generated via transaction commissions and an affiliate referral program offering 30% to partners.
Product overview
Space8 is a Dubai-focused real estate investment platform offering a unified service portfolio centered around premium property investment in the UAE. The core offering is a property catalog with 642 listings across areas including Palm Jumeirah, Business Bay, Dubai Hills, City Walk, Damac Lagoons, and Dubai Islands. The platform is supported by a proprietary ROI Forecasting System that provides automated returns analysis based on 24 criteria with access to 600+ property data points. Key services include Property Management, an Affiliate Program (30% commission), and 24/7 Personal Manager support. The company differentiates through verified projects, in-depth analysis, and exclusive market access.
Differentiator
Problem solved
Functional benefit
Products and services
- Dubai Real Estate Investment Platform
Quantifiable outcome
- Up to 11% annual rental yields in Dubai compared to 2-5% in Europe and 3-6% in USA
- +3 more outcomes
Companies that use Space Eight World Property
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Space Eight World Property technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Space Eight World Property partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- DAMAC PropertiescoreSpace8 partners with DAMAC Properties as a primary distribution channel for their premium Dubai real estate projects. DAMAC is one of the largest private developers in the Middle East, known for luxury residential and commercial developments including DAMAC Lagoons, DAMAC Hills, and branded residences (Bugatti, Cavalli, Paramount).
- Emaar PropertiescoreStrategic partnership with Emaar Properties, Dubai's largest developer, for distribution of their prestigious projects including Dubai Hills Estate, Downtown Dubai, Dubai Creek Harbour, and various Emaar communities. Space8 offers Emaar projects with various completion stages and payment plans.
- NakheelcorePartnership with Nakheel, the developer behind iconic Dubai landmarks including Palm Jumeirah, Palm Jebel Ali, Dubai Islands, and waterfront communities. Space8 offers Nakheel's luxury villa collections, beachfront residences, and island living properties.
- OmniyatmajorPartnership with Omniyat, a premium Dubai developer specializing in ultra-luxury properties. Space8 offers Omniyat projects including Vela, Orla, The Opus, The Pad, and Ava Palm Jumeirah residences, focusing on super-luxury and branded developments.
- MeraasmajorPartnership with Meraas, a leading Dubai developer known for City Walk, Bluewaters Island, and Port de La Mer. Space8 distributes Meraas projects in premium urban districts combining residential, retail, and lifestyle offerings.
- Dubai Land Department (DLD) and RERAcoreSpace8 is verified and licensed by the Dubai Land Department (DLD) and its Real Estate Regulatory Agency (RERA). License No. 1110488. This regulatory partnership ensures all transactions are processed through escrow accounts under DLD supervision, protecting investors against fraud and ensuring developer obligations are met.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Space Eight World Property competitors and assessment
Company assessmentBroad incumbents
- Bayut: Major UAE real estate listing platform with growing brokerage arms. Comparable as a listing, marketing, and lead-generation channel that competes for investor attention in the same Dubai premium segment.
- Property Finder: Leading UAE property portal that increasingly layers in brokerage, mortgage, and transaction services. Adjacent to Space8 as a distribution channel and competitive threat as it expands end-to-end real estate services.
Direct peers
- Espace Real Estate: Boutique Dubai brokerage focused on luxury and ultra-luxury inventory in Dubai Marina, Palm Jumeirah, and Downtown. Closest head-to-head competitor to Space8 in the premium niche with similar high-touch service model.
- Allsopp & Allsopp: Multi-office Dubai and Northern Emirates brokerage serving both end-users and investors. Comparable to Space8 in serving international buyers and operating across off-plan and ready inventory.
- Driven Properties: Large Dubai real estate brokerage active across off-plan, secondary, and rental markets. Overlaps with Space8 on investor-driven off-plan sales and developer channel relationships.
- Fam Properties: Dubai-based real estate brokerage with significant off-plan and secondary market activity. Operates with developer channel relationships similar to Space8 and a comparable HNW investor target.
- Luxhabitat Sotheby's International Realty: Dubai-focused luxury brokerage affiliated with Sotheby's, specializing in high-end villas, penthouses, and branded residences. Directly competes with Space8 in the super-luxury and Palm Jumeirah / Emirates Hills segments.
- Better Homes: One of Dubai's largest and most established residential and commercial brokerages. Overlaps directly with Space8's premium brokerage model in Dubai and is a frequent counterpart in serving HNW investors and end-user buyers across the same developers.
- Engel & Völkers Dubai: Global luxury real estate brand with a Dubai franchise focused on premium and ultra-luxury transactions. Comparable to Space8 in targeting international HNW buyers, branded residences, and waterfront/villa inventory.
Others
- DAMAC Properties: One of the largest Dubai developers and a core partner of Space8. Included as an ecosystem participant: DAMAC sets the inventory and channel economics that drive Space8's commission pool and is also a potential future internalization risk.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Space Eight World Property social profiles
Digital presenceSpace Eight World Property compliance and trust
Trust signalCompliance1 record
Space Eight World Property financial estimates
Financial estimateRevenue estimate
Valuation estimate
Space Eight World Property leadership team
Management profileNumber of profiles
Profiles2 records
Space Eight World Property funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Space Eight World Property M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Space Eight World Property
What does Space Eight World Property do?
Space8 is a Dubai-based real estate investment firm that brokers and advises on premium Dubai property transactions for international investors. The company operates a property catalog of 642 listings sourced from major developers (Emaar, DAMAC, Nakheel, Meraas, Omniyat) and supports clients from property selection through fund transfers, document execution, and post-purchase property management. Revenue is generated via transaction commissions and an affiliate referral program offering 30% to partners.
Is Space Eight World Property a public or private company?
Space Eight World Property is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Space Eight World Property founded?
Space Eight World Property was founded in 2009. It employs 1 to 10 people.
Where is Space Eight World Property based?
Space Eight World Property is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Space Eight World Property make money?
Three revenue lines are on record. Real Estate Sales Commission is the primary driver. The others are affiliate Referral Commission and property Management Services.
Who are Space Eight World Property's main competitors?
Broad incumbents on record are Bayut and Property Finder. Direct peers are Espace Real Estate, Allsopp & Allsopp, Driven Properties, Fam Properties, Luxhabitat Sotheby's International Realty, Better Homes and Engel & Völkers Dubai. DAMAC Properties is listed as an others.
Does Space Eight World Property have an API?
No public API is recorded for Space Eight World Property.
What industry is Space Eight World Property in?
Space Eight World Property's product category is Real Estate Brokerage and Investment Advisory. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales). Its NAICS code is 5312 and its SIC code is 6531.