Dubai's Insatiable Demand for Luxury Real Estate

The luxury real estate market in Dubai has seen significant growth, with sales of homes priced at $10 million or more increasing by 19% in early 2024. This surge is driven by factors such as easier access to golden visas, an influx of wealthy investors, and the arrival of new millionaires. New luxury developments, including branded projects, are thriving, highlighting the strong demand for high-end properties in the region.

How much did sales of homes priced at $10 million or more increase during the first quarter of 2024?

What factors contributed to the surge in demand for luxury homes in Dubai?

What types of investors are contributing to the luxury real estate market in Dubai?

What are some examples of new luxury developments mentioned in the text?

What percentage of total sales do branded developments make up now?