New luxury real estate player sets sights on dominating Dubai’s high-end market, honouring top agents for record-breaking sales.
PC: Zawya
The Luxury Real Estate has officially entered the booming luxury property market in Dubai as a result of a stellar launch event held at the headquarters of the company, hosted with a keynote bringing together the superstars of the real estate business, high-net-worth individuals, and business leaders. The launch was in celebration of the company’s commitment to uplifting the luxury property business in the city, especially premium service offered to discerning clientele.
The company redefines luxury real estate standards in Dubai. There was a great chance to identify and recognize top sales performers who have made exceptional contributions toward achieving unprecedented sales of properties. The achievement is in some of Dubai’s most prestigious real estate developments.
Awards Top Sales Performers
The launch event provided a significant focus, recognizing exceptional performers who had successfully closed very important deals in the luxury property market of Dubai. The winners were commended on their competence and sales abilities in some of the most coveted developments in the city, while reiterating The Luxury Real Estate’s commitment to excellence in service and sales.
Presenting the company’s vision, he said, “The official launch of The Luxury Real Estate represents a new era in Dubai’s luxury property market. We are focused on providing unparalleled service, exclusive property listings, and expert guidance to HNWI clients. Tonight is a direct result of great effort and hard work by our teams, and it’s an honour to recognize those outstanding performers who are helping drive our success.”
Merger and AED 3 Billion Property Listings
This year, The Luxury Real Estate consolidated its market presence by merging its portfolio with Scorpion Property, which helped anchor the realty company’s exclusive property listings worth AED 3 billion in Dubai. The merger, in this scenario, has allowed the business to introduce high-end properties under one umbrella and further consolidate itself as a strong contender in the aggressive Dubai market in luxury real estate.
The company aims to expand its team of agents from the current 100 to 200 in a year to cater to the increased demand from local and international investors as part of its long-term growth strategy. The Luxury Real Estate continues to diversify its network through good relationships with the flagship developers in Dubai.
Booming Luxury Market in Dubai
Over the recent past, the luxury property market in Dubai has witnessed unprecedented growth, driven primarily by benign policies by the government and a sharp upswing in interest from international buyers. Knight Frank reckons that HNWIs will spend a whopping $4.4 billion on luxury real estate in Dubai in 2023, up by an impressive 76% from 2023. Such high demand acquires significance in the event that it reflects Dubai’s growing attraction as a world centre for luxury living and investment.
The company has been developed with the purpose of plans for exclusive listings to play a leading role in Dubai’s future destiny concerning luxury real estate. Premium services tailored to the needs of elite clientele are on their way to capturing a very important piece of market share for this company.
