Price Surge Expected for Dubai Luxury Homes – Travel Wires

According to Knight Frank’s study, significant investments are expected in Dubai’s luxury residential sector. Unit prices are expected to rise by 13.5 percent next fiscal year.

According to the report, the market’s growth is due to the continued interest of ultra-high-net-worth individuals looking for investment opportunities in second-home luxury homes.

Al Tamimi Investments’ COO Dani Tabbara stated that “the local luxury residential market continues attract foreign investors worldwide.”

“The increased investment flows will create more growth opportunities for Dubai and increase its status as an attractive destination for international property investors.

According to the most recent research, investments will be particularly high in premium areas like the Palm Jumeirah.

Al Tamimi Investments’ division Nasma Luxury Stays forecasts an acceleration in luxury home investment growth due to stronger global interest in Dubai.

Nasma says that short-term rentals are a great growth…

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source: https://news.oneseocompany.com/2023/01/10/price-surge-expected-for-dubai-luxury-homes-travel-wires_2023011039042.html

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