Potential of Branded Residences for Higher Rental In Dubai

Last Year, Dubai saw record-breaking sales of up to $ 4,000 per sq. ft and it is expected that demand for property will increase by 2024. The Dubai Real Estate Property Market is now in the booming phase. And most importantly, the Dubai property market delivers quality, value for money and higher ROI potential projects in Dubai.

On the other hand, Dubai is known for offering a high-end lifestyle in an affordable price range as compared to other cities. For instance, buyers pay two to three times the price per square foot in London Dubai is entirely tax-free and offers property at a handy price with a structured payment plan.

Dubai is now not only a hub of super-luxury residences but also Branded residences. The Demand for branded residences is just escalating for rental in Dubai. According to resources, Dubai is the world’s top city of $10 million-plus homes. Recently the City has received some high-quality branded residences from the reputed developer Binghatti Properties who has introduced Mercedes Benz Places, Bugatti Residences and Burj Binghatti Jacob & co.

Noted developer Danube also launched their most sought-after luxury project Fashionz by Danube. These developments are not only garnering the attention of locals but also attracting high-net-worth investors across the globe. These high-end developments are expected to generate higher ROI in the future.