The Allure of Living In Dubai
The modern city of Dubai promises some of the world's most daring and luxurious private residences for investors and homeowners to reap and enjoy.
The post The Allure of Living In Dubai appeared first on LUXUO.
Dubai is known for its stunning architecture, luxurious shopping malls, and extravagant lifestyle. Over the years, the city has become one of the most sought-after travel destinations in the world. With the influx of entrepreneurs and businesses, the real estate market has been on a steady rise, with luxurious properties becoming increasingly popular.
Al Babari, Dubai. Image: Al Babari
According to data from Knight Frank, the average price per square meter for a luxury property in Dubai increased by 1.5 percent in the first quarter of 2022. This trend is set to continue as more investors flock to the city. Savills, a global real estate service provider, reported that the high-end residential market in Dubai has seen a 5.6 percent growth in the first quarter of 2022 compared to the previous year. One of the most exclusive properties in Dubai is the Burj Khalifa, the world’s tallest building. The tower boasts over 900 luxury apartments, with prices starting at around USD $1.3 million for a one-bedroom apartment. Jones Lang Lasalle (JLL), a leading professional services firm in the real estate industry, reported that the average sales price for a luxury apartment in Burj Khalifa is around USD $1,500 per square foot. The building’s amenities include a gym, swi...
The post The Allure of Living In Dubai appeared first on LUXUO.
Dubai is known for its stunning architecture, luxurious shopping malls, and extravagant lifestyle. Over the years, the city has become one of the most sought-after travel destinations in the world. With the influx of entrepreneurs and businesses, the real estate market has been on a steady rise, with luxurious properties becoming increasingly popular.
Al Babari, Dubai. Image: Al Babari
According to data from Knight Frank, the average price per square meter for a luxury property in Dubai increased by 1.5 percent in the first quarter of 2022. This trend is set to continue as more investors flock to the city. Savills, a global real estate service provider, reported that the high-end residential market in Dubai has seen a 5.6 percent growth in the first quarter of 2022 compared to the previous year. One of the most exclusive properties in Dubai is the Burj Khalifa, the world’s tallest building. The tower boasts over 900 luxury apartments, with prices starting at around USD $1.3 million for a one-bedroom apartment. Jones Lang Lasalle (JLL), a leading professional services firm in the real estate industry, reported that the average sales price for a luxury apartment in Burj Khalifa is around USD $1,500 per square foot. The building’s amenities include a gym, swi...
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