Latest news with #DubaiHillsEstate
Khaleej Times
5 days ago
- Business
- Khaleej Times
Primo Capital announces Dubai's best areas for property investment in 2025
As the emirate prepares for a new wave of growth in 2025, Primo Capital has released its expert analysis of the top-performing areas in Dubai's real estate market. Backed by data and market insights, the firm identifies five key locations set to offer strong returns for investors amid rising demand, evolving infrastructure, and major development projects. Dubai continues to be a global focal point for real estate investors, with modern urban planning, a pro-business regulatory environment, and a robust tourism economy drawing international attention. With over four million expatriates expected to reside in Dubai by 2025, demand for both luxury and mid-range properties is forecasted to remain high. Primo Capital suggests that the ability to identify and invest in emerging districts could determine investor success in the next phase of the city's growth. Among the top recommended locations is Dubai Hills Estate, a master-planned community strategically located between Downtown Dubai and Dubai Marina. The area is known for its premium villas, expansive green spaces, and integrated lifestyle offerings including schools, retail outlets, and the Dubai Hills Mall. The community's connectivity and family-oriented amenities have contributed to consistent transaction growth. The Oasis by Emaar has also emerged as a high-potential area. The waterfront community maintained a stable residential sale price of Dh1,115 per sqft for four-bedroom villas across the final quarter of 2024 and the first quarter of 2025. According to Primo Capital, this price stability is a key indicator of long-term investment viability, particularly as Dubai's coastal developments continue to attract premium buyers. In parallel, Palm Jebel Ali, a revitalised palm-shaped island project, is regaining attention due to its scale, affordability relative to other luxury areas, and its strategic inclusion in Dubai's D33 economic agenda. The development, once paused, now offers villas starting from Dh18 million at Dh2,460 per sqft — a figure considerably lower than similar beachfront offerings elsewhere in the city. The 80-kilometre coastline and high sustainability targets further enhance its value proposition. The Valley, another area gaining significant traction, saw a sales volume of 3,237 and a 68.9 per cent increase in activity over the past 12 months, reaching a total sales value of Dh11.9 billion. Its blend of luxury residences, natural landscapes, and large-scale recreational facilities makes it particularly appealing to end-users and investors alike. Lastly, Dubai Islands have positioned themselves as a major coastal investment zone, shaped by a strategic merger between Meraas, Nakheel, and Dubai Properties. Located near Deira, this archipelago offers proximity to 65 per cent of Dubai's population and 75 per cent of business centres. With current property prices averaging Dh2,200 per sqft and the potential to climb as high as Dh10,000, Dubai Islands represent a high-upside opportunity for those seeking to buy property in Dubai. With large-scale investments in infrastructure and ongoing urban expansion, Primo Capital emphasises that informed decision-making is more important than ever for investors in 2025. By focusing on growth corridors such as Dubai Hills Estate, Palm Jebel Ali, and Dubai Islands, buyers can leverage market trends to secure long-term value in one of the world's most dynamic real estate markets. For more details, visit Primo Capital's official website.
India.com
22-05-2025
- Business
- India.com
Indians are second to people from this country in buying high priced luxury properties in Dubai, top position goes to…, not US, UK, Russia, China, Pakistan
Indians are second to people from this country in buying high priced luxury properties in Dubai, top position goes to..., not US, UK, Russia, China, Pakistan Super-rich Indians are second to Saudi High Net Worth Individuals (HNWI) in buying luxury properties in Dubai, according to a report by global property consultancy Knight Frank. The report adds that British citizens are in third position after Indians in buying luxury properties in Dubai. Saudi HNWIs have the highest average budget of USD 45.7 million, followed by those from India at USD 44.6 million and UK citizens with USD 30 million, as per the report. Asian HNWIs have the lowest average budget among Knight Frank's survey respondents; however, this was still a very healthy USD 23 million. Global real estate investors chose Dubai's Marina area (28 per cent) as their preferred location. Other locations such as Dubai Hills Estate (24 per cent) and Emirates Hills (23 per cent) were the second and third places chosen by wealthy buyers, as per the Knight Frank report. Observing the trends, Shehzad Jamal, Partner – Strategy & Consultancy, MENA, said, 'For our wealthiest HNWI respondents (net worth > USD 50 million), Dubai Marina (43 per cent) commands the highest interest, demonstrating the enduring appeal of the long-standing poster child of Dubai's property market. For this group of super-rich buyers, Dubai Hills Estate (30 per cent) follows in second place, while Emirates Hills (22 per cent) rounds off the top three likely home purchase locations.' The 2025 edition of the Destination Dubai report further added that Dubai's residential market experienced another strong year in 2024, with property values rising by 19.1 per cent to an average of United Arab Emirates Dirham (AED) 1,685 per square foot (psf), pushing prices to 13.3 per cent above the 2014 peak. On average, villa sale prices grew by 19.6 per cent in the 12 months to the end of Q1, reaching AED 2,088 per sf, reflecting a 107.6 per cent uplift on Q1 2020. This sustained growth illustrates the strong appeal of stand-alone villas, beachfront homes and branded residences that provide instant access to the Dubai lifestyle, the report added. (With agency inputs)
India Gazette
21-05-2025
- Business
- India Gazette
Ultra-wealthy Indians are second to Saudis in buying luxury properties in Dubai: Report
New Delhi [India], May 21 (ANI): Super-rich Indians are second to Saudi High Net Worth Individuals (HNWI) in buying luxury properties in Dubai, according to a report by global property consultancy Knight Frank. The report adds that British citizens are in third position after Indians in buying luxury properties in Dubai. Saudi HNWIs have the highest average budget of USD 45.7 million, followed by those from India at USD 44.6 million and UK citizens with USD 30 million, as per the report. Asian HNWIs have the lowest average budget among Knight Frank's survey respondents; however, this was still a very healthy USD 23 million. Global real estate investors chose Dubai's Marina area (28 per cent) as their preferred location. Other locations such as Dubai Hills Estate (24 per cent) and Emirates Hills (23 per cent) were the second and third places chosen by wealthy buyers, as per the Knight Frank report. Observing the trends, Shehzad Jamal, Partner - Strategy & Consultancy, MENA, said, 'For our wealthiest HNWI respondents (net worth > USD 50 million), Dubai Marina (43 per cent) commands the highest interest, demonstrating the enduring appeal of the long-standing poster child of Dubai's property market. For this group of super-rich buyers, Dubai Hills Estate (30 per cent) follows in second place, while Emirates Hills (22 per cent) rounds off the top three likely home purchase locations.' The 2025 edition of the Destination Dubai report further added that Dubai's residential market experienced another strong year in 2024, with property values rising by 19.1 per cent to an average of United Arab Emirates Dirham (AED) 1,685 per square foot (psf), pushing prices to 13.3 per cent above the 2014 peak. On average, villa sale prices grew by 19.6 per cent in the 12 months to the end of Q1, reaching AED 2,088 per sf, reflecting a 107.6 per cent uplift on Q1 2020. This sustained growth illustrates the strong appeal of stand-alone villas, beachfront homes and branded residences that provide instant access to the Dubai lifestyle, the report added. (ANI)
Mint
21-05-2025
- Business
- Mint
Ultra-wealthy Indians are second to Saudis in buying luxury properties in Dubai: Report
New Delhi [India], May 21 (ANI): Super-rich Indians are second to Saudi High Net Worth Individuals (HNWI) in buying luxury properties in Dubai, according to a report by global property consultancy Knight Frank. The report adds that British citizens are in third position after Indians in buying luxury properties in Dubai. Saudi HNWIs have the highest average budget of USD 45.7 million, followed by those from India at USD 44.6 million and UK citizens with USD 30 million, as per the report. Asian HNWIs have the lowest average budget among Knight Frank's survey respondents; however, this was still a very healthy USD 23 million. Global real estate investors chose Dubai's Marina area (28 per cent) as their preferred location. Other locations such as Dubai Hills Estate (24 per cent) and Emirates Hills (23 per cent) were the second and third places chosen by wealthy buyers, as per the Knight Frank report. Observing the trends, Shehzad Jamal, Partner - Strategy & Consultancy, MENA, said, "For our wealthiest HNWI respondents (net worth > USD 50 million), Dubai Marina (43 per cent) commands the highest interest, demonstrating the enduring appeal of the long-standing poster child of Dubai's property market. For this group of super-rich buyers, Dubai Hills Estate (30 per cent) follows in second place, while Emirates Hills (22 per cent) rounds off the top three likely home purchase locations." The 2025 edition of the Destination Dubai report further added that Dubai's residential market experienced another strong year in 2024, with property values rising by 19.1 per cent to an average of United Arab Emirates Dirham (AED) 1,685 per square foot (psf), pushing prices to 13.3 per cent above the 2014 peak. On average, villa sale prices grew by 19.6 per cent in the 12 months to the end of Q1, reaching AED 2,088 per sf, reflecting a 107.6 per cent uplift on Q1 2020. This sustained growth illustrates the strong appeal of stand-alone villas, beachfront homes and branded residences that provide instant access to the Dubai lifestyle, the report added. (ANI)
Gulf Insider
21-05-2025
- Business
- Gulf Insider
Dubai Tops Global Luxury Real Estate Market
Dubai's real estate market has continued to grow throughout 2024, with transaction values across all sectors reaching $207 billion, according to Knight Frank's 2025 Destination Dubai report released on Wednesday. The report reveals residential sales of nearly 170,000 properties totalled $100 billion in 2024, with momentum carrying into 2025 as home sales hit AED 100 billion by 4 March – the fastest pace on record. Dubai maintained its position as the world's busiest market for homes priced over $10 million for the second consecutive year, with 435 sales in this category during 2024 – nearly matching the combined total of London and New York. An additional 111 homes in this price bracket sold during Q1 2025, the highest number for any January to March period. 'As we have found in our research in previous years and mirroring the experience of our teams, the strongest appetite for a real estate purchase in the UAE comes from those with the greatest wealth and is a testament to the success of the government's programmes to strengthen the emirate's appeal as a place for the world's wealthy to live and invest,' Faisal Durrani, Partner – Head of Research, MENA said. Knight Frank's survey of 387 high-net-worth individuals (HNWIs) from India, Saudi Arabia, the UK and East Asia, with an average net worth of $22 million, showed that $10.3 billion of private capital is targeting Dubai's residential market. The UAE's residential sector ranks as the top target for Saudi HNWIs (79 per cent), followed by East Asian HNWIs (68 per cent) and UK investors (67 per cent). Branded homes emerged as the second most sought-after real estate sector at 49 per cent, with the office market (47 per cent) completing the top three preferences. Dubai was named as the preferred emirate for real estate acquisition by 71 per cent of respondents, with this figure highest among Saudi HNWIs (80 per cent), followed by British (74 per cent), Indian (69 per cent) and East Asian (61 per cent) buyers. 'The depth of demand from these nationalities is also reflective of our own market experience. Indeed, during 2024, Saudi, Indian and British nationals accounted for just over 50 per cent of homes sold by Knight Frank in Dubai,' Will McKintosh, Regional Partner – Head of Residential, MENA said. Dubai Marina was identified as the top target neighbourhood for residential purchases among HNWIs (28 per cent), with Dubai Hills Estate (24 per cent) and Emirates Hills (23 per cent) in second and third positions respectively. 'The super-rich remain laser-focused on purchasing luxury homes in the city, and this unrelenting demand has been a critical driver of Dubai being the world's busiest $10 million+ homes market for the second year running,' Shehzad Jamal, Partner for Strategy & Consultancy in MENA added. For ultra-high-net-worth individuals with personal wealth exceeding $50 million, Dubai Marina (43 per cent) holds the most appeal, followed by Dubai Hills Estate (30 per cent) and Emirates Hills (22 per cent). Residential property values in Dubai increased by 19.1 per cent in 2024, reaching an average of AED 1,685 per square foot – 13.3 per cent above the 2014 peak. The market continued to strengthen in 2025, with prices climbing a further 3.7 per cent during Q1, pushing values to 17.6 per cent above the 2014 peak. Villa prices grew by 19.6 per cent in the 12 months to the end of Q1 2025, reaching AED 2,088 per square foot – representing a 107.6 per cent increase since Q1 2020. Knight Frank highlights a shift in the current property cycle towards genuine end-users rather than speculators, evidenced by reduced inventory across the city. In the AED 50 million+ segment, available homes decreased by 48 per cent in 2024 compared to 2023. Durrani added: 'While we have anecdotal evidence of end-users being the most active buyer group in the market, our research has revealed a number of other key tell-tale signs. For instance, we have also found that 83 per cent of global HNWIs are interested in purchasing land in Dubai to build their own home. This appetite is high almost irrespective of nationality. Dubai has matured quickly throughout this property cycle and this is clearly evidenced by the desire of potential global HNWI home buyers to settle in the city.' The survey found that global HNWIs are prepared to spend an average of $32 million on Dubai properties. Among those with personal wealth exceeding $50 million, 54 per cent would consider purchases above $80 million. Saudi investors have the highest average budget at $45.7 million, followed by Indian buyers ($44.6 million) and British investors ($30 million). East Asian HNWIs reported the lowest average budget at $23 million. The research was conducted in partnership with YouGov, surveying 387 HNWIs across the UK, India, Saudi Arabia and East Asia (China, Hong Kong, Singapore) with an average net worth of $22 million, excluding their primary residence. Also read: Dubai to Slash Journey Times on Major Road With New Bridge
