09/12/2024
News
Khalil Denny is a Managing Partner and CEO at Bonne Apart UAE and has a vast experience working in the Du¬bai, GCC, and international real estate industries for over 14 years. Bonne Apart's partnership with the leading luxury real estate company in Bulgaria, Unique Estates, opens up new ways of life with ease.
We are a customer-centric team, highly trained to achieve the highest (leading) level of professionalism and dedication so our clients will be satisfied with our services. Being customer-centric, we provide A to Z service, offering you a one-stop service for all your needs. We provide value whether you are looking for an off-plan project, a ready-made luxurious villa or to sell your current property. Wherever you are located in the world, we have agents who will speak your language and communicate with you through different means to ensure an effortless process. At Bonne Apart we believe that investing in a property is much more than just a simple buying process. We want to take our clients with us on an exceptional journey that they will not find elsewhere.
Besides being known for its iconic skyline, opulent lifestyle, and record-breaking stats, Dubai has built its reputation as a top investor hub. Despite all the chaos, the emirate remained resilient throughout, given its successful post-pandemic strategy, as well as social and economic reform, reinforcing its position as one of the most appealing cities for investment opportunities. The strong recovery was evident in Dubai’s real estate sector, as it remarkably achieved so much, with a record 73.7% growth in the number of investments.
Another huge benefit of buying property in Dubai is that it’s benefiting significantly from its booming economy. Balancing environmental, economic, and social sustainability with a future-forward vision, there are constant developments that attract the masses to invest in Dubai, as the innovative city aims to make every aspect of life hassle-free. You can always expect something new and exciting, which is one of the biggest benefits of investing in Dubai. Elevated lifestyle, World-class infrastructure, Higher ROI, Safety and Security, Long-term visa options, A tax-free haven and Investor-friendly Policies, all made Dubai evolve into a global metropolis with investment opportunities, enticing people from all over the globe. With its innovative planning, impressive infrastructure, and sustainable living, Dubai is geared towards exceptional growth and development, so you can expect your investment to thrive.
Those who are thinking about investing in Dubai property can be self-assured that they are on the correct track as the market is looking promising and rebounding strongly, making this a great time to invest in a Dubai property.
Due to the stability of the economy in Dubai, we have seen a major approach toward luxury property for investors and a 27% rise in transactions for 2022. The global economic situation had a zero effect on Dubai’s luxury market. Dubai benefits from an influx of overseas investors as there’s an increase in demand from Ukrainian and Russian buyers, as well. Moreover, visa reforms, expatriate-friendly policies, and high profit-earning potentials continue to attract investors from across the globe, making Dubai a lucrative market for real estate investment. The luxury property market will retain its upwards trajectory in 2023 with more upscale buildings and projects on the rise.
"Due to the stability of the economy, we see increasing interest in luxury properties and 27% growth in transactions for 2022. The global economic situation had no effect on the luxury market in Dubai."
A review of the growth dynamics of the Dubai real estate market, conducted by a number of analysts during September 2022, showed that in the first 9 months of this year, more than 67,000 real estate transactions were recorded in the emirate. Together, they brought in about $49 billion. According to the Dubai Land Department (DLD), the results of the current period were the largest in the history of observations.
Despite the increase in real estate prices, Dubai is still quite a «cheap» city for purchases and investments. It is predicted to be a slowdown in growth, and there is a wide window of opportunity for wealthy buyers and buyers with much more modest savings. Strong inward investment is expected to continue on the back of advanced business reforms and government initiatives like the Golden Visa and efforts toward transitioning to a digital-driven economy.
Dubai Marina, Beachfront, Bluewaters, and Palm Jumeirah are the most highly prized neighborhoods in Dubai, boasting luxury skyscrapers, a variety of dining and entertainment options, and offering residents urban waterfront living. Downtown Dubai also is one of the most attractive, located in the center of Dubai, a 73 billion AED Emaar Properties flagship project including world-class assets such as business, residential, hotel, entertainment, retail, and leisure components situated in open green areas with lakes and other unique water features. When we talk about investment, Beachfront, Arabian Ranches, Palm Jumeirah and communities such as JVC, Studio City?, or Dubai Hills are the most profitable real estate investments.
As an advice, always look into the developer’s history and location. From our experience, if you invest in Emaar( Emaar has a 75% market share in Dubai's Real Estate Market) your investment is not only in safe hands, but you are also promised a high capital appreciation and happy tenants – for example, Beachfront project has a 30% capital appreciation.
"Dubai is still a fairly cheap city to buy and invest in and has a wide range of options for both wealthy buyers and those with much more modest savings."
Bonne Apart is not only a real estate service - we are a full concierge service. From the moment you think you want to buy a property till the moment you want to live here, or you want to have investment returns, or want to have a Dubai life and open a business - we provide a wide range of services to all areas of the business world from its inception: business setup, project management, business consultancy, financial and accounting services, investment, and marketing strategy, asset planning. Our greatest strength is our ability to understand the strategic needs of our clients, regardless of whether it is a property investment or a new business in UAE. Special for the clients for luxury properties, they will see the difference between Dubai and other areas in the world starting with the highest return, the ease with which transactions can be made, and the ease with which they can make a profit.
For me, a perfect day means seeing my son's face in the morning and waking up with a hundred million dollar deal. Otherwise, I see the perfect day as I read the news and learn about the new stages of the leader's brilliant vision for this wonderful city. One of the perfect things is that the next day is never the same – the next morning there is a new building, a new highway, a new slice of paradise in this oasis called Dubai.
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