With over 50 years of combined Dubai real estate experience, Valco Properties team is guided by some of the most experienced and connected leadership in Dubai’s property industry. Every year we helped thousands of residential and commercial property buyers, renters and sellers navigate and conquer Dubai’s complex and dynamic real estate market. 

Our unique local insights, combined resources and valuable partnerships enable us to offer not just sales and leasing services but also site evaluations, land development planning and real estate development. We are here to empower our local and international clients’ real estate decisions by streamlining the process of buying, selling, renting and everything in between. 

Allow us to introduce ourselves

Parham Davarkia


Parham has lived and worked in Dubai for over 20 years and established Valco Properties in 2006. A well-rounded business professional and entrepreneur, he has established himself as one Dubai Real Estates most respected and valued figures.

Very well known for his ability to achieve company, client, and partner objectives and with experience in Dubai Real Estate dating back more than 16 years, Parham, as founder and CEO of Valco Properties believes that his success is due to the strong relationships that he develops with his team and clients. He knows that one person alone can’t get the job done – it takes the whole team to be successful.

Najmeh Jafari

Off Plan Sales Manager

LANGUAGES: Farsi & English

Najmeh is the off plan manager at Valco properties with 9 years’ working experience with the leading developers in Dubai, and has more than 10 years working experience at sales and customer service divisions in the USA.

Najmeh is a perfectionist who sets very high targets and prides herself on never stopping until that target has been met. This is just one of the reasons for her continued success.

She previously held the position of Sales Manager at Emaar Developments PSJC, Damac Properties and Director of Sales at Azizi Developments, with proven ability to drive the sales process from plan to close.

Excellent customer service, transparency, Integrity and positivity comes as standard with Najmeh.

Richard Stokes
Resale and Leasing Manager


Richard has been working in the Dubai Real market since 2004 having realised the enormous potential the Emirate offered both local and international investors.

Originally focusing on both the Dubai Marina and Palm Jumeirah as both a Sales Consultant and Sales Manager, Richard also established a highly successful property management department for one of Dubai’s award winning agencies. Richard now heads up the Sales, Leasing and Investment division for Valco Properties.

A well-known and respected figure in the Dubai Real Estate Market, Richard continues to approach all clients’ needs with the professionalism and knowledge that have formed his continued success over the last 16 years.

Fahad Khamis Malalla Mubarak Alshehhi

Business Partner

LANGUAGES: Arabic & English

Fahad was born and raised in Dubai, United Arab Emirates within a respected family of traders. He graduated in 1998 from the Imam Malik Government School, Dubai.

Prior to joining Valco Properties in 2017, Fahad worked extensively in multiple industries, most notably 8 years in Senior Operations within the Aluminium Industry located in the Jebel Ali Free-zone.

His keen ear and great knowledge of all aspects of business legal matters make him a valuable asset to Valco Properties L.L.C.

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