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- Growing Demand for Branded Property in Dubai
The price of residences under well-known brands in Dubai will increase by 10%–25%
– Due to the high demand from people with a fortune of $30+ million (UHNWI).
Among operators that offer branded residences: Karl Lagerfeld, Cavalli, Dorchester Collection, and Rixos Hotels.
The current average price is $19,000 per m². Depending on the location, brand, and service, the property's price can see up to 25% jump.
Rental income from branded houses will grow at 12% annually by 2026.
UHNWIs are attracted by:
- Security
- Exclusivity
- Service and Prestige
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