Founder & Managing Director, Prime Property Auctions
Founder (former owner) of International Business Corporation FZE (IBC)
Wael is an accomplished business leader and visionary entrepreneur with more than two decades of international experience spanning real estate, digital transformation, aviation, and strategic business development. He is the Founder and CEO of Prime Property Auctions LLC – OPC, the first and only licensed real-estate auction house in Ras Al Khaimah, United Arab Emirates.
Under his leadership, Prime Property Auctions (PPA) has become a regional benchmark for transparent, compliant, and technology-driven property transactions, offering both on-site and online auction services fully regulated by RAK DED, RERA, and the RAK Municipality.
Wael drives the development of RAK.auction and property-auction.ae, two flagship digital platforms designed to position Ras Al Khaimah as the UAE’s leading hub for transparent, technology-driven real-estate auctions. These initiatives reflect his long-term vision to digitize and regionalize property auction services across the UAE and GCC by 2030.
Driven by a deep commitment to credibility, innovation, and service excellence, Wael continues to advance his mission of positioning Ras Al Khaimah as the UAE’s hub for regulated real-estate auctions and smart-property solutions.