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- Trends in Dubai Real Estate Market
Trends in Dubai Branded Real Estate Market
- The number of upcoming branded property units will grow to 3,700 by 2026.
- About 90 branded residences are available in Dubai as of August 2023, compared to 40 in early 2022.
- The latest branded project, Bugatti Residences by Binghatti, is targeting ultra-high-net-worth individuals (UHNWIs) with a net worth of over $30 million. It remains the most expensive branded residence in Dubai, with an average price per m² of $27,000.
- In 2022 the difference in the average price per m² between branded and non-branded properties in the same location – 42%.
- Branded residences sales record in 2022 – $6.9 billion, which is an 80% year-on-year increase
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