CUSTOM MANSIONS: A NEW TREND IN DUBAI’S REAL ESTATE MARKET

Dubai continues to attract global attention—year after year the city has been processing record-breaking ultra-luxury real estate deals. A recent headline reported a £100 million custom-built mansion on ‘Billionaire Island’, placing the Dubai property market ahead of other global property markets like New York and Hong Kong. While these luxury sales make headlines, they’re also stepping up standards that benefit the Dubai real estate market as a whole.

Let’s discuss how this surge in luxury property in Dubai is reshaping opportunities for the international HNW investors.

Global Hype Builds Trust in Dubai’s Real Estate Market

With luxury property, especially custom mansions in Dubai selling for very high prices for exclusive clientele. Dubai has emerged as a top destination for high-net-worth individuals, drawing in foreign investment. Dubai property investment offers one of the safest and high-yield earning property markets in the world today.

Luxury Infrastructure Elevates Surrounding Communities

Communities such as Palm Jumeirah, Jumeirah Bay Island, and Dubai Harbour are seeing an influx of ultra-luxury villas and mansions. On the other hand these projects drive government and private investment in infrastructure such as upgraded connectivity, dining, retail, schools and other luxury community requirements.

Dubai’s Pro-Business Environment Encourages Residential Investment

The luxury property market in Dubai is one of the main elements to attract investors and wealthy investors since they can have 100% ownership as well as earn the Golden Visa with their luxury investments. These perks with property investments as well as the tax-free economy only makes Dubai more attractive to business owners and investors who can benefit from it and live a world class lifestyle.

Rising Prestige Lifts All Segments of the Market

Offering different types of communities, shells and design concepts featuring luxury amenities, Dubai offers all sorts of luxury living that would appeal to the international investors. Collaborating with prestigious brands, designers and celebrities, Dubai offers every segment of luxury residential property that you can find on the market.

Luxury Leads, Residential Follows

The most important fact about the boom of the ultra-luxury segment in residential real estate is that when wealthy investors move into Dubai, they move their businesses and investments along with them. By bringing in more investments and businesses to Dubai, the government thrives resulting in better governance as well as the creation of job opportunities for other residential expats. This growth in synergy affects all segments of residential real estate in Dubai as investments, employment and livelihoods turn positive.

Moving further from just breaking records, this boom in the property market supports the development across Dubai’s population. Understanding the market trends as well as the reactions of the market can benefit you as an investor or even a home buyer.

At Anarock Middle East, we guide clients through every step of their Dubai property journey-from legal structuring and currency exchange to end-to-end property management. Whatever your property requirements are, we got you covered. 

Get in touch today and let our expert consultants help you find the best residential real estate opportunities in Dubai.