Welcome to Asteco

The Middle East’s largest full service real estate services company, Asteco was formed in Dubai in 1985. Over the years, Asteco has gained enormous respect for consistently delivering high quality, professional, value-add services in a transparent manner. It is also widely recognised for its involvement with many of the projects that have defined the landscape and physical infrastructure of the emirates.

Asteco has an essential combination of local and international expertise. A deeply established brand, renowned for its application of the latest technological advances, its commitment to transparency, winning strategies and human expertise. Undisputed real estate experts, Asteco represents a significant number of the region’s top property owners, developers and investors.

The core business lines Asteco conducts from its offices throughout the Middle East are:

Corporate Capability Statement



  • John Stevens | MSc BSc (Hons) MRICS | Managing Director / Director, Asset Services

    John is responsible for developing, managing and delivering business strategy, to maximise shareholder value and return-on-investment. Prior to his appointment as Managing Director, John was responsible for the operations of the Asteco Property Management Department across the region.

    Before joining Asteco in 2004, John worked in South East Asia for 10 years managing some of the region’s best known property portfolios gaining a wide range of experience from Property, Asset and Strata Management to Workspace and Facilities Management for fortune 500 clients.

    John has continued his specialization in this field and has been a pioneer in the establishment and continued development of professional management services. He is respected within the industry for developing this service.

    With the experience of providing strategic property advice to owners and occupiers, he has a unique and detailed understanding of the operation, maintenance and planning involved in managing clients’ portfolios with the goal of assisting them to achieve their real estate objectives.

    Contact John Stevens
  • John Allen | BSc MRICS | Director, Valuation & Advisory

    John brings a wealth of international property expertise to the company, having worked over the past thirty years in both the property services and real estate development sectors in the UK, Australia, Singapore, Hong Kong, Philippines and the GCC.

    He has worked with the First Pacific Davies group (now Savills) since 1988, as Director of the valuation and research division in Hong Kong, and, subsequently from 1992, as Director and General Manager of the company’s development group, active throughout south-east Asia.

    His specific area of expertise is development management, dealing with the master planning and design process and commercial analysis of all real estate categories within medium to large scale projects. Specific projects in recent years include the planning, design and commercial negotiations of a major mixed use project in the Philippines, the construction of a serviced apartment and office building in Vietnam, two residential and office buildings in Hong Kong, and two residential projects in Kuala Lumpur.

    Contact John Allen
  • Sean McCauley | MBA BCom | Director, Agency

    A real estate professional possessing over 15 years of experience in property sales and leasing, property development and business development, Sean is responsible for driving the growth and development of the Sales and Leasing Divisions of Asteco.

    Prior to joining Asteco, Sean was the Vice President of Sales for the largest private real estate developer in the Middle East where he was involved in over 30 projects in several countries across the MENA region.

    Sean also played a pivotal role in building and expanding Rawson Properties into one of South-Africa’s largest real estate companies, which resulted in the company being nominated as a ‘Superbrand”.

    Through Sean’s leadership, the Agency division strategically monitors customer, market and competitor activities, to conceptualize tailor-made sales and leasing strategies. With a results driven team, these strategies are successfully implemented to attain customer attraction, acquisition and retention.

    Sean’s applied strategic sales and leasing methodologies, deep sector experience, stakeholder management and negotiation skills have been tried and tested and deliver optimum results in any given market and economic climate.

    Contact Sean McCauley
  • Jerry Oates | BSc BSc FRICS | General Manager, Abu Dhabi

    With over 30 years experience, Jerry has been working in a variety of different developing markets for over 22 years and has been involved in Property Management, Corporate Facility Management, and Development Consultancy. In the UK he was the manager for the then largest shopping center in London, and the largest multiple occupied office building in London. Whilst working in Korea, Russia and the CIS, Singapore, Thailand, and China he has been responsible for running real estate advisory companies, delivering Shopping Center management in new markets and setting up RICS qualified Valuation teams.

    Jerry has experience in both the UK and the UAE in fund management and working for both Real Estate development and Investment companies and Banks. He has been involved in due diligence of acquisition of properties and in road shows to raise investment funds.

    He has worked with Jones Lang LaSalle, CBRE, Cushman and Wakefield, Colliers Jardine, Knight Frank, HSBC and ADIB. In these companies he has held a variety of roles including Director of a division, General Manager and Managing Director.

    His skills are now being focused on delivering optimum real estate advice to Asteco clients in the exciting Abu Dhabi market.

    Contact Jerry Oates
  • Omar Binder | BA (Hons) | Director, Licensing

    With over 16 years of experience in the real estate sector, leading multinational businesses in Sales, Operations and Business Development across Europe and the Middle East, Omar is responsible for the expansion of Asteco’s geographical catchment through new and innovative license and franchise centric enterprises, in support of our core business. Prior to his appointment as Director at Asteco, Omar was the Director of Sales (UAE), for one of the UAE’s largest private real estate developers, working on over forty projects within the MENA region, including branded developments such as Versace, Fendi, Donald Trump and Paramount.

    Omar previously worked for one of the UK’s largest group of estate agents, the LSL Group, where he was the Regional Director for Reeds Rains. Having overall responsibility for the North East of England, Omar devised the Auction proposition for the business and under his leadership, grew the overall sales and leasing business to become the market leader and agent of choice in the North of England. With vast experience of real estate markets and a deep understanding of the real estate business including real estate franchising and licensing, Omar’s aim is to deliver a leading proposition, developing sustainable growth opportunities and support to new franchisees, operating under the Asteco brand.
    Contact Omar Binder

Latest Research

UAE Property Review - Q1 2016 Report
With rates down in both Abu Dhabi and Dubai, the rental gap for luxury and high end properties between both cities remained similar to last quarter, with rates likely to continue their downward trend as tenants are becoming more budget conscious.

View reports >

Asteco News

Asteco to debut at Cityscape Abu Dhabi with final release of Anantara Hotel Residences
Remaining 30 one-bedroom units to be released for sale with guaranteed ROI of 10% per annum through to 2018; Asteco will also show DUKES Dubai British-themed project with just 13% of units remaining

View news >


  • Aabar
  • Abu Dhabi Finance
  • ADIB
  • Ahmed & Siddiqi & Sons
  • Al Abbar Group
  • Aldar
  • Al Ghurair Group
  • Al Hilal Bank
  • Al Qudra Holding
  • Al Wifaq
  • Arady
  • Daman Investments
  • Das Holding
  • Deyaar
  • Dubai Islamic Bank
  • DP World
  • Drake & Scull Construction
  • Dubai Chamber
  • EMKE
  • ENOC
  • Etihad Towers
  • Etihad
  • Gargash
  • GEMS Education
  • Al Habtoor Leighton
  • Hydra
  • Invest AD
  • Jafza
  • Jumeirah Emirates Towers
  • S S Lootah
  • Mubadala
  • National Bank of Abu Dhabi
  • Noor Islamic Bank
  • Al Rostamani Group
  • Royal Group
  • Seven Tides
  • Siddiqi & Sons
  • Sorouh
  • Tameer
  • Tamweel
  • TDIC
  • Zabeel Investments
  • Oceana
  • Al Habtoor
  • Al Ain Properties
  • John StevensJohn StevensMSc BSc (Hons) MRICS
  • John AllenJohn AllenBSc MRICS
  • Sean McCauleySean McCauleyMBA BCom
  • Jerry OatesJerry OatesBSc BSc FRICS
  • Omar BinderOmar BinderBA (Hons)


Internationally qualified, decades of Middle East Experience

Asteco's latest research publication shows a sharp increase in residential rent increases in insert, insert and insert. To read the full report...

Read >

Achievements >

  • 5,000 Buildings managed
    since 1985
  • 350 Developments
    currently managed
  • 7,500 Units currently
  • 63 Property management
  • 12.3bnTotal project
    sales value (AED)
  • 13milsq ft projects sold
  • 6814Units in projects sold
  • 91Nationalities have
    purchased from us
  • 10,500 Units let
  • 14mil sq ft let
  • 28 Years leasing experience
  • 14 Offices
    (Inc. onsite project offices)
  • 31bnLargest valuation undertaken
    2011-2012 (AED)
  • 81bnTotal market value of Abu Dhabi valuations
    2011-2012 (AED)
  • 24bnTotal market value of Dubai valuations
    2011-2012 (AED)
  • 12Advisory staff
  • 3,194 Units handed over
  • 5.6mil sq ft
  • 6.25bn Amount collected
  • 1490 DLD registrations
  • 100%Retention rate
  • 90%+SC collection rate on
    all instructions
  • 6Years association
    services experience
  • 0Hidden costs

> See More