Listen to our research, real estate strategy, and consultancy teams as they delve into the key findings and major highlights from the 2024 Destination Dubai Report, looking across the global demand and expat residents’ interest in Dubai’s real estate markets.
Stephen Flanagan, Regional Partner and Head of Valuations and Advisory, MENA, talks about growing international interest for residential properties in Abu Dhabi. Our survey indicates that while just 14% for those with a net worth of US$ 2-5 million are keen to purchase property in Abu Dhabi, but 57% of those with personal wealth in excess of US$ 15 million would like to buy residential property in the UAE capital.
Adam Wynne, Associate Partner - Occupier/Landlord Strategy and Solutions, Co-Head of Industrial & Logistics UAE, talks about Dubai’s influx of demand for prime Grade A office spaces. The recent announcement of the commencement of construction of Dubai’s new airport, Al Maktoum International, which will be the world’s largest on completion, at Dubai South is certainly going to boost demand further in that part of the city.
Faisal Durrani, Partner and Head of Research, MENA, talks about the appetite and aspirations of the HNWI community towards a property purchase in Dubai.
Shehzad Jamal, Partner -Strategy and Consultancy, MEA, talks about Dubai’s growing prime residential market and record-breaking number of luxury home sales.
Turab Saleem, Partner and Head of Hospitality, Tourism, and Leisure Advisory, MEA, discusses Ras Al Khaimah emerging as an alternative tourist magnet to Dubai.
Aliaa El-Esaaki, Research Manager, MENA, talks about the branded residential market in Dubai and the budgets our HNWI respondents are prepared to pay for a branded property purchase.