Al Habtoor Towers and Bin Ghatti Properties have made a significant impact on Dubai’s real estate market. It is uncommon for a collaboration between a universal brand and a developer, but when the location, reputation, and quality consistently produce exceptional results, even renowned brands like Bugatti see the value in partnering with master developers like Bin Ghatti.
Among various top developers, Al Habtoor Towers is preparing to unveil an impressive 345m tower worth Dh3.7 billion. This tower boasts a luxurious design and provides a breathtaking 360-degree view of Dubai’s iconic landmarks.
Investing in a luxury branded residence offers several advantages, including greater confidence in product quality and superior finishing, especially when purchasing during the pre-construction phase. Branded units also enjoy higher demand for resale or rental due to their established reputation for quality and wider recognition in the market.
Branded products always come with a higher price tag compared to non-branded ones. However, the return on investment and price appreciation are more likely to be substantial. In summary, investing in Dubai’s real estate market has historically been considered safe and profitable. It is understandable why branded properties tend to appreciate more than standard ones.
Regarding ultra-luxury properties in the Dubai real estate market, are they primarily aimed at investors or end-users?
Ultra-luxury properties in the Dubai real estate market target both investors and end-users. In the past, there was a higher proportion of investors purchasing such properties. However, over the last two years, there has been an increase in luxury property purchases by end-users. This can be attributed to Dubai becoming a home for numerous high-net-worth individuals who work and retire in the UAE.
From an investment standpoint, does the premium paid for high-end properties in Dubai’s luxury real estate market justify the potential returns and long-term value?
The consistently high demand for luxury properties in Dubai justifies the premium typically associated with such properties. These properties are subject to regulation, maintenance, and inspection by the municipality and developers, ensuring their long-term value is preserved. Luxury properties are strategically located near landmarks, natural elements such as green spaces and beaches, and high-end amenities like award-winning golf courses and sky pools.
Many of these properties are associated with internationally renowned brands, including Four Seasons Residences, Bvlgari, Mr. C Residences, Roberto Cavalli, Bugatti, and other highly sought-after names.
What are the key features and amenities that set ultra-luxury properties apart?
Luxury properties are distinguished by their attention to detail in both interior and exterior design elements. The finishing of these properties is of the highest quality, and they offer well-designed spaces, spacious upscale bathrooms, and kitchens equipped with top-of-the-line appliances. Additionally, they provide stunning views of the sea, city skyline, or other picturesque surroundings. Furthermore, residents have access to exclusive luxury amenities such as state-of-the-art gyms, swimming pools, well-maintained beaches, and parks.