What is the outlook for the ultra luxury property segment in Dubai

The outlook for the ultra luxury segment is extremely positive with a massive increase in the number of branded residences expected over the next few years. Before recent global events Dubai had a limited supply of such properties but now there is a…

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The outlook for the ultra luxury segment is extremely positive with a massive increase in the number of branded residences expected over the next few years. Before recent global events Dubai had a limited supply of such properties but now there is a structural shift with billionaires and millionaires moving to the city. This influx of high net worth individuals is creating a sustainable demand for properties priced above 10 million dirhams fundamentally changing the luxury landscape.

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