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Dubai second home supply set to surge

Luxury floating home

Dubai’s luxury second home market is gaining traction as the Kleindienst Group prepares to hand over properties this year. The developer of the Heart of Europe, a cluster of six islands on The World, will hand over 40 Floating Seahorse villas, 10 Beach Palaces on Sweden Island, 32 villas on Germany Island and launch the…

Dubai luxury homes set for a rebound

luxury home

The demand for luxury property is seeing a rebound in Dubai, going by the widening spreads between prime and general real estate properties in the apartment and villa segment. In a bull cycle, luxury properties outperform the city average in terms of price per sq ft and this is true across all global cities. During…

Enriching Dubai’s ‘third space’

Reem mall

As Dubai’s retail real estate footprint continues to aggressively expand, analysts say development efforts may be moving in the right direction, in tune with a global trend. The key: innovation, particularly in food and beverage (F&B) concepts. According to CBRE’s retail science research report, How Global is the business of retail, the continued success of…