Whitewill Transactions in August 2026

The summer of 2026 turned out to be one of the most challenging in recent years—for developers and for us alike.

High interest rates, expensive financing, the looming September elections, and general uncertainty are causing clients to take longer to make decisions. But our team hasn’t let up and continues to do its job.

In August, Whitewill brokers closed 89 deals totaling 9.3 billion rubles. I’d like to highlight the 75 contracts worth ₽25 million in the leasing department. The average transaction value isn’t high, but 75 families moved into new apartments—both in Dubai and Moscow—before September 1.

The Russian segment accounted for 55% of total sales. In Moscow, the largest transactions were for “Grand Deluxe on Plyushchikha” for ₽385 million and an apartment in “Phantom” for ₽370 million. The mansion division sold the Syromyatnichesky Baths for ₽350 million. At “Luzhniki Collection” , two deals totaling ₽340 million were closed, and at “River Park Kutuzovsky” —three deals at once totaling ₽260 million.

The St. Petersburg office closed a major deal in the “17/33” project for ₽277 million. The Suburban Department sold a house in “Lesnoy Ruchey” for ₽180 million and another for the same price in “Monteville.”

In Dubai, the top deal was a $1.7 million transaction at “Park Field.” In Abu Dhabi, the largest sale was an apartment in “Raw Saadiyat” for $1.7 million. In Oman, it was a villa in “Al-Alham District” for $650,000.

I spent the entire summer optimizing expenses. I reduced the back-office staff by 20%. We closed one of our three offices in Dubai and reviewed a whole host of expense items, services, and bonuses. Not the most pleasant work. But sometimes you have to not only scale up a company, but also streamline it.

Summer is over. We’re smaller, leaner, and more efficient. Fall will show just how well we’ve prepared for the season.