Dubai Luxury Homes To Face Price Surge
- Accelerated growth in luxury home investments is forecasted in light of stronger global interest in the Dubai market.
- Considerable investments are expected in Dubai’s high-end luxury residential sector as unit prices are seen to see an increase of 13.5% next year.
Local Luxury Residential Market
- Continues to attract foreign investors worldwide.
Investments
- Subsequent higher investment inflows will provide more growth opportunities and further boost Dubai’s status as a preferred destination for international property investors.
- Investments will be especially high in premium areas such as the Palm Jumeirah as stated in the latest research.
Dubai: Top destination For Branded Residences
Nasma Luxury Stays
A division of Al Tamimi Investments and a specialist in vacation rentals forecasts accelerated growth in luxury home investments is forecasted in light of stronger global interest in the Dubai market.
One growth opportunity recognised that property investors can explore is short-term rental market, a highly in-demand segment of the hospitality sector mainly fuelled by staycationers and remote hybrid workers according to Nasma.
Dubai Luxury Property
Short-term rentals enable property owners to offer their second homes to those seeking to enjoy all the luxuries associated with a 5-star hotel within a comfortable, warm home environment.
Demands
Short-term rental segment is poised to open attractive return on investment for property owners to enjoy.
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