Tag Archives: Dubai is the hottest of hotspots for branded residences: Savills

Dubai is the hottest of hotspots for branded residences: Savills

Dubai is the hottest of hotspots for branded residences: Savills

The highest growth over the pipeline period until 2030 can be found in the Middle East  

By a considerable measure, the hottest of hotspots for branded residences is Dubai, with 51 operational schemes, property consultancy Savills said in its latest Branded Residences Report.

The total supply of branded residences in the city is expected to nearly double by the end of the forecast period until 2030. A close second in terms of completed schemes is South Florida, with 42 completed schemes.

“These two markets each appeal to international buyers, especially those seeking trophy assets, and have witnessed significant economic growth in recent years,” says Kelcie Sellers, associate, Savills World Research.

Continue reading Dubai is the hottest of hotspots for branded residences: Savills