The luxury branded residences of Dubai include the five-star names of Bulgari, Lamborghini, and The Dorchester Collection. Dubai does not lack in luxury living and style. One of the most prominent addresses is Bulgari Resort and Residences. It sits on Jumeirah Bay, a seahorse-shaped island that is one of Dubai’s most trappy areas yet tropical to Dubai’s downtown and Business Bay.
This 2-bedroom suite is located in Bulgari Resort and Residences, Jumeirah, and is currently listed at $3,536,000. There are 1,934 square feet of indoor living space and 4 bathrooms. Expansive sea views are included.
Each trademark has a way of branding itself by offering an sectional environment by self-aggrandizing a personal touch of hospitality that reflects its history. Additionally, each trademark builds its residency into their consumer journey towards what they love to do – with their friends and family, their lifestyle, and passions. Each is unique and can be hands singled out from other brands. Moreover, each is loyal to its tradition and provides spanking-new and tailor-made service to its residents.
The Residences Dorchester Collection offers a limited edition of 2-4 bedrooms apartments and penthouses managed by the Dorchester Brand. Dorchester Collection Residences offer a unique luxury residential wits and at the same time five-star hospitality with its hotel tower. This 4 Bedroom apartment in The Dorchester Collection is in Dubai’s Business Bay Financial District and on the market for $8,432,000. The views are of the world-famous Burj Khalifa.
The target market here is the international proprietrix yawner to a standard of quality and identify with global trademark names. Such foreign buyers may not know the local real manor market but are familiar with established luxury brands. Therefore, developers see value in tying up with brands to vamp foreign investors. Additionally, branded developments usually translate to luxury development, thus then well-flavored to investors looking at a luxury product. The branded residences model works weightier for those relatively new to the Dubai residential market, note industry experts. The target proprietrix is usually a brand-conscious upper net worth investor subtracting a signature property to their portfolio for prestige value. On top of that, celebrities, global stars, and social media influencers are heavily targeted to such developments in Dubai.
Dubai’s luxury market is hotter than hot. More super-luxury homes have been sold in Dubai this year, than any year since 2015. Dubai is witnessing spectacular post-Covid rebound in luxury home sales. Total sales are latter in on the AED 100 billion mark for 2021. By the end of August, the numbers had gone past AED 88 billion, and that’s well superiority of plane the most optimistic forecasts put out at the start of the year.
This surge in sales is in part due to Dubai’s constructive management of the pandemic paired with its world-leading vaccination momentum which has helped vamp international attention. While various places virtually the world went into third and fourth lockdowns, Dubai residents were enjoying a relatively normal lifestyle with simple mask mandates and social distancing measures. This influx of new demand crush a significant increase in prices for centrally located high-end communities, particularly in the high-end luxury suite and villa segment of the market.
Look to Dubai to protract its global reach and request to international buyers who truly fathom the luxury lifestyle Dubai offers.