Dubai ranked first place as the top cities for branded residences

Dubai ranked first place as the top cities for branded residences.
According to the consultancy, Savills:

  • second place – South Florida
  • third place – New York
Key factors:

  • Number of branded residences
  • Number of international buyers
Dubai has more than 40 completed branded residences currently.
Ellington Properties has partnered with Shuaa Capital, a leading asset management platform
For the construction of a 9-storey building.

Palm Jumeirah

In total, the project will have 88 residential units:

  • Apartments with 2-6 bedrooms
  • Duplexes
Emaar announced a net profit growth to $1.6 billion from January to September 2022.
This is 124% more than in the same period of 2021.

Compared to the period from January to September 2021, operating profit increased by 47% to $2.3 billion.

Revenue for the first 9 months was $5.1 billion.