Dubai luxury real estate always goes beyond the basic finishes, monotonous style and offers multitudes extravagant properties and opportunity in any market condition. Buying or investing in a luxury property is one of the most rewarding moves. The niche realty market never keeps an investor wondering due to the upward trend often witnessed by the luxury real estate. One of the reason as to why the luxury realty is not bothered about the market climate is because during any economic fluctuations the issues incurred or the factors which affects other/small industries or sectors does not affect the wealthy.
Luxury Real Estate in Dubai
In the coming years the ultra luxury properties in Dubai is going to offer satisfying prospects to the investors. The highlight of the current luxury market of Dubai is the price at present is the lowest compared to the global market, these ultra luxurious properties are 60 to 70 percent inexpensive than Shanghai and Tokyo. The prime property segment in Dubai is 40 percent lesser in price in contrast to Singapore and 50 percent less than Paris and Moscow. Majority of the properties offer an outstanding value per square feet as compared to New York and London. The buying, selling and investment cost also differs in the above mentioned nations, supposedly Hong Kong investment cost is approximately 32 percent, whereas Tokyo and Singapore stand at 20 percent, comparatively Dubai is at an extreme contrast to these countries offering a notability low investment cost of 8 percent. Many a times these changes in investment costs are overlooked by investors whereas these factors play a substantial impact when it comes to the investment yields. Dubai is developing as one of the top most global tourist destination, multitudes of foreign investment, highly qualified millennial settling in Dubai and ease of traveling for just five hours; this applies for one third of the world’s population. Numerous elements have elevated a huge demand for prime and ultra-prime properties which will remain steady in the long run. The market is ever evolving and developing in all core areas and aspects which will develop a positive price appreciation.
Peak of Luxury
The wide array of luxury properties available in Dubai is such that there is an exclusive property to meet your preference and taste. Simple but intricate, not over exemplified or loud, the setting is a combination of prominent facilities/amenities, waterfront and amazing plethora of entertainment venues. Vivacious spacious, exquisiteness, open nature of landscape reflects true elegance and distinction. Dubai has one of the most high appreciated luxury properties in the world offering unmatched quality and incredibly affordable.