5 Reasons Why Branded Residences Shine in Dubai
What makes brand-name properties so appealing?
Five compelling reasons to consider the many opportunities available at properties branded with famous brands of designers or hotels.
With built-in buyer options for economic stability, see why luxury residences with branded names thrive as investors come to Dubai.
What are Branded Residences?
Branded residences are properties affiliated with famous luxury or hotel brands.
They are properties that provide homes for sale. When you purchase a branded property, you buy into the brand's lifestyle. The brand is involved in the design of houses and manages the facilities.
A few examples include Four Seasons Residences and Bulgari Residences.
These allow you to reside in a residence designed by famous designers and architects. You also have access to the excellent services offered by the company. These could be room service or private beaches. There are also tennis courts or spas.
Brand name recognition is a prominent selling feature.
It signifies a premium finish with top-of-the-line management and a certain status level. Who wouldn't want to claim they reside in a luxury hotel like the Ritz Carlton or the Mandarin Oriental?
When you buy a new house, you are part of an elite club.
The other homeowners are also impressed by your exquisite taste. The finest thing is that you don't need to give up the luxury five-star hotel experience even when staying home.
Triple Win Formula
A residence with a brand name is usually the result of a clever partnership. Developers and hotel brands work together to create something truly unique.
The brand is renowned for its brand and design expertise. It benefits from selecting the architects it wants to work with and ensuring that each element is as it is. In exchange, the designer pays them a commission for the name together.
Together, they determine their layouts, facilities, and management style.
The developer then handles construction, while the brand decides on service guidelines when the work is completed.
This entire setup ensures that everyone wins. This is how it works:
For The Developer
- Advantage in competition on the market
- A more extensive client base, which includes brand ambassadors
- Design and marketing support
- Price increases and higher premiums
For The Brand
- 👉🏽 New revenue source
- 👉🏽 Brand awareness is increase
- 👉🏽 Renewed client relationships
For The Client/Buyer
- Superior finishings and management
- Potential for capital appreciation with higher potential
- More rental yields when used to rent short-term properties
- Prestige and prestige from a brand name property
The developer makes more sales, the brand earns more, and you can enjoy living your desirable life in your ideal house away from home! That's a triple win if there ever was one.
Reasons Why Branded Residences Shine In Dubai
We've heard of What is Branded Residences are. Let's find out why brand homes in Dubai are an exciting new trend within Dubai. Dubai real estate market.
Dubai's management is aware of the value of luxury brands in attracting wealthy buyers from all over the globe.
This market will undoubtedly grow as more developers capitalize on the growing demand. Let's look at the main motives.
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Rising Demand
The demand for homes with branded names in Dubai is huge, and the figures prove this. As of now, 69% of wealthy individuals have shown a keen desire to purchase a branded property, an enormous rise from the 59% who were interested one year earlier.
Nowadays, Dubai boasts the highest number of residences with branded names worldwide. Over 5,000 units are being developed.
This industry has grown by 160 percent globally in the last few years. However, Dubai is at the top of the crowd.
These are revealing statistics showing how the brand-name housing market is exploding and is an excellent investment option.
If we consider demand, it will surely hit new highs shortly. Therefore, if you invest today, you ensure your investment will grow exponentially.
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Luxury Living Spaces
The pandemic's shape changed the desires of buyers looking for luxury properties.
These days, discerning investors express their passion for spacious living spaces connected to nature, technological amenities, wellness options, and plenty of space to relax or entertain.
Branded homes in Dubai satisfy all of these requirements.
The designs that work with nature and the vast windows seamlessly blend the outdoor and indoor spaces of the residences and lead to breathtaking terraces or pools.
The latest technology in smart home technology and gyms, spas, and various eateries are an integral part of the experience, too.
Homes that meet modern lifestyles as if they were made for it; their compatibility with modern lifestyles increases their appeal to ultra-high-net-worth buyers.
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Associations With World-Famous Brands
Imagine having a house built by Armani or owned by the well-known Dorchester Collection. The tower's residential area would be Bulgari, Kempinski, or Six Senses. That is the unparalleled cachet of a branded residence.
Luxury and international hotel chains and brands are known for their meticulous attention to every aspect. Therefore, expectations should be high on design quality, furniture, materials, facilities, amenities, services, and places.
The name brand could provide complete peace of mind for investors.
The typical price for Dubai per sq. ft is between AED 800 and AED 2500. However, this amount can be too high when associated with a brand.
The Takeaway
Dubai's brand-name residences blend luxurious living, internationally renowned hotel management, and savvy investment possibilities. These luxurious properties offer:
- Booming demand signaling prosperous prospects
- Affiliation with modern lifestyle choices
- The high-end quality guaranteed by the luxury brands
- Much higher yields on rental and growth in assets
- The interest is growing in the ever-growing price of oil every day
Simply put, Dubai's branded area offers investors one of the most thrilling opportunities available in the real estate industry.
The numbers, the data, and the data all agree that the brand is accurate. Why not offer your investment portfolio the superior quality it requires?
Contact us today to discover the extraordinary world of luxury brand residences waiting to be discovered