Dubai Daily

Episode 11: Luxury Real Estate Market & Ultra-High-Net-Worth Trends


Listen Later

Welcome to Episode 11 of Dubai Daily - your guide to Dubai's luxury real estate market and ultra-high-net-worth trends.
**LUXURY MARKET PERFORMANCE ($10M+ TRANSACTIONS):**
šŸ“Š **Q3 2025 Record-Breaking Performance:**
- 103 sales over $10M (24% YoY increase)
- Total value: $2B+ (54% YoY increase)
- Average transaction price: $19.4M (23.8% increase)
šŸ“ˆ **First 9 Months 2025:**
- 357 transactions in $10M+ category (26% rise vs 2024)
šŸ† **Q2 2025 All-Time High:**
- $2.6B in $10M+ home sales
- 143 sales (including 22 transactions over $25M)
- 37% increase over Q1, 63% uplift vs Q2 2024
šŸŒ **2024 Full Year:**
- 435 sales over $10M (surpassing 2023's 434)
- Dubai = world's leading market for luxury home sales
**PRIME LOCATION PRICES (NOVEMBER 2025):**
🌓 **Palm Jumeirah:**
- Median home price: AED 8.2M (4.1% YoY increase)
- Villas: Starting AED 20M
- Record sale: AED 161M villa (AED 14,679/sqft)
- Another record: AED 300M property
- Luxury apartments: Starting AED 5M
- ROI: 3.92%
šŸ° **Emirates Hills:**
- Average villa price: AED 92.6M
- 5-bedroom homes: AED 38M-43M
- "The Marble Palace": AED 425M (most expensive 2025)
- Other record sales: AED 260M, AED 367M
- Limited supply: ~600 luxury villas
šŸ” **Dubai Hills Estate:**
- Average price/sqft: AED 2,336
- Villas: Starting AED 990K, average AED 25.29M
- Expected price increase: 8-10% in 2025
- Off-plan villas: 59% growth over 3 years
- Rental yields: 5.6%
**ULTRA-LUXURY PROJECT LAUNCHES:**
šŸ—ļø **Burj Binghatti Jacob & Co Residences:**
- Business Bay, one of world's tallest residential towers
- Collaboration with luxury jeweler Jacob & Co
- Design: Crown of diamonds concept
šŸ¢ **Binghatti Portfolio:**
- Bugatti Residences: 48-story, handover Dec 2025
- Binghatti Skyblade: Downtown Dubai, Q4 2027
- Mercedes-Benz Places: Downtown Dubai hyper-tower
- Binghatti Aurora: JVC, completion Dec 2025
🌊 **Emaar The Oasis:**
- $20B waterfront project
- 7,000 residential units (mansions & villas)
- 1.5M sqft retail area
- Completion: 2027
- Address-branded villas launched Feb 2025
šŸļø **Other Notable Launches:**
- Amali Island: 24 villas (5-7 bedrooms), Q1 2027
- Como Residences: 76-story, 76 exclusive units, Palm Jumeirah
- Jumeirah Marsa Al Arab: Opening March 14, 2025
- Six Senses Residences: Dubai Marina, July 2025
- Bulgari Resort Residences: Jumeirah Bay Island
**BRANDED RESIDENCES:**
šŸ‘” **Armani:**
- Armani Beach Residences Palm Jumeirah: Completion Dec 2027
- Armani Beach Residences RAK: World's first Armani villas
- Armani Residences Burj Khalifa: Floors 9-15
šŸ’Ž **Bulgari:**
- Bulgari Lighthouse, Jumeirah Bay Island: Q3 2027 handover
- 31 penthouses + 9-bedroom Sky Villa
- Bulgari Resort & Residences: Established development
šŸ‘— **Versace:**
- Palazzo Versace Dubai: Cultural Village
- Transactions recorded October 2025
- 15 Cascade by IMAN: Motor City, Q3 2028
šŸ“Š **Market Growth:**
- 50+ completed branded residence projects
- 130 under development
- 140 projects anticipated by 2031
- Premiums: Up to 30% above non-branded properties
**INTERNATIONAL BUYER DEMAND:**
šŸ’° **UHNWI Influx:**
- UAE projected to welcome 9,800 millionaires in 2025 (highest globally)
šŸ‡ŖšŸ‡ŗ **European Buyers:**
- 12% of property deals in early 2025
- Leading countries: Germany, UK, Portugal, Spain, Austria, Netherlands
- Strong Pound/Euro vs Dirham driving demand
šŸŒ **Asian Buyers:**
- Chinese interest: +28% in Q1 2025 vs Q1 2024
- Chinese/Hong Kong buyers: AED 1.3B in Q1 2025
- Chinese investors: 8% of total foreign investment in 2024
- India: Another leading luxury investor
- Combined European + Asian: 40%+ of luxury purchases
**INVESTMENT OUTLOOK (NOVEMBER 2025):**
šŸ“ˆ **Price Forecast:**
- Prime properties: +10% in 2025
- Luxury villas/penthouses: +8-10% (Palm Jumeirah, Dubai Hills, Jumeirah Golf Estates)
- Q4 2025: +3-5% in high-end locations
šŸ’µ **Rental Yields:**
- Luxury segment average: 7%
- Well-located apartments: 6-8% in Q4 2025
- Villa communities: Even higher potential
šŸ“Š **Recent Transaction Volume:**
- Last week of October 2025: AED 20.57B
- YTD through October: AED 559B (surpassing 2024's full-year record)
šŸŽÆ **Market Characteristics:**
- Limited supply of ultra-luxury homes (16,500 out of 326,000 units under construction)
- Shift to genuine end-users and long-term investors
- Off-plan luxury properties popular (lower entry, flexible payment)
**INVESTOR TAKEAWAY:**
Record-breaking luxury transactions, strong international demand (40%+ from Europe/Asia), robust ultra-luxury pipeline. Focus: Palm Jumeirah, Emirates Hills, Dubai Hills for appreciation. Branded residences for 30% premiums. Off-plan luxury for capital gains. Limited ultra-luxury supply = sustained growth.
Hosted by Parag Kundalwal, Founder & CEO of Consultaa.
...more
View all episodesView all episodes
Download on the App Store

Dubai DailyBy Parag Kundalwal