OUR TEAM
Asad Shafiq
Managing Director
Asad Shafiq brings over 18 years of experience across sales leadership, organisational development, real estate, and multi-sector business operations.
Having built and scaled businesses across highly competitive commercial environments, his experience extends beyond traditional brokerage. He understands how real estate projects are structured, how investor decisions are made, how sales organisations operate at scale, and how markets behave across changing economic conditions.
That practical, execution-driven understanding is what he brings to Dax & Bax Properties and to every client, investor, and developer relationship the firm undertakes.
As Managing Director, Asad leads the company’s operational direction, client advisory, and market positioning. His approach is rooted in long-term commercial thinking, objective market assessment, and a strong understanding of investor behaviour within the UAE real estate market.
Dax & Bax Properties was founded on a straightforward principle: serious clients require serious advisory.
Under Asad’s leadership, the firm focuses on delivering clear guidance, commercially sound advice, and long-term value through every transaction and relationship it handles.
Whether working with investors evaluating opportunities in Dubai, developers seeking credible commercial representation, or buyers navigating significant property decisions, the focus remains the same, informed guidance, disciplined execution, and relationships built on trust.
Farhan Zafar
Director – Business Development
Farhan Zafar is a seasoned commercial leader with more than two decades of experience in the Middle East’s hospitality sector. Known for his strong record in revenue growth, strategic partnerships, and asset performance optimization, he has successfully transitioned this expertise into the real estate industry, where he now leads business development across property acquisitions, sales, leasing, and investor-focused deal structuring.
He is skilled in evaluating asset potential, pinpointing market opportunities, and crafting strategies that maximise value for both buyers and sellers. Farhan works closely with investors, landlords, and key stakeholders to ensure every transaction is commercially robust, transparent, and aligned with long-term growth objectives.
Drawing on deep customer insight from hospitality and combining it with current real estate market intelligence, he focuses on creating high-impact business opportunities, strengthening portfolio performance, and driving measurable value throughout the acquisition and sales cycle. His approach is defined by professionalism, strategic clarity, and a commitment to sustainable commercial success.
Rashid Nawaz
Director – Real Estate
With over two decades of international experience and academic credentials from the USA and Australia, Rashid Nawaz brings an institutional, returns-driven approach to real estate investing. His background spans global hospitality, construction, and cross-border investments across Pakistan and the UAE, providing him with a deep understanding of asset performance, development cycles, and capital efficiency.
As a Director in Real Estate, Rashid advises investors on strategic acquisitions, portfolio growth, and value-creation opportunities across residential and commercial assets. He focuses on identifying high-yield opportunities, structuring deals to optimize risk-adjusted returns, and timing market entry and exits effectively.
Known for his disciplined investment mindset, market intelligence, and long-term capital focus, Rashid partners closely with investors to deploy capital into resilient, high-performing real estate opportunities across the region.