The Dubai real estate sector shows promising prospects, with an increasing number of first-time buyers expected to enter the thriving residential market, which is currently dominated by High Net Worth Individuals (HNWIs).
An Emirati family group is currently in negotiations for the sale of a luxurious property valued at Dhs 250 million on Palm Jumeirah Island. Additionally, they are considering two other property sales in Dubai totaling Dhs 985 million.
These real estate transactions by the Emirati family group coincide with growing interest from global investors in relocating their headquarters to Dubai. This interest is driven by Dubai’s advanced infrastructure, logistical services, and the security it offers to investors at both personal and professional levels. This makes Dubai a preferred global destination for investment, work, and living.