With Dubai’s property market roaring back to life and seeing record growth in 2021, now is absolutely the time to capitalize on this momentum to offer both buyers and sellers an unrivalled world class experience. The prime residential team transacted over AED140 million in property sales, which included the off-market sale of an AED87 million villa on Palm Jumeirah, one of the most expensive sales on the Palm in recent years. Over the last 12 months Dubai has seen significant growth in the luxury residential space with a new record of 54 $10 million plus homes sold in Dubai so far this year.
The UAE’s successful handling of coronavirus – with the number of positive cases now dropping to less than 100 per day – as well as recent expat-friendly initiatives taken in Dubai, resulted in 82 percent of expats in the UAE saying they feel optimistic that life will be more stable and normal again in the next 12 months despite the pandemic, above the 75 percent global average.