We have advised Myles Bush, the outgoing CEO of PH Real Estate, on the sale of his 50 percent stake in the company for a large “seven-figure” sum.

Bush, who has announced his retirement, set up PH Real Estate in 2008 with Nick Grassick, who joined PH Real Estate seven years ago and remains its managing director.

A reputed company in Dubai, PH Real Estate has achieved several milestones over the last 12 years, including Dubai’s most expensive villa sale in 2017, the most expensive land sale in 2018, and the most expensive rental property in 2019.

The two new partners are real estate expert and entrepreneur Mamad Kashani-Akhavan, and Vahid Mazaherioun, an industry veteran with around 20 years of experience in Dubai’s real estate sector.