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When we talk about real estate there is no other place that crosses the mind of an individual. The tall buildings, panoramic view, and downtown area of Dubai giving off the pure reflection in the river which can only be witnessed in Dubai, Miami, and New York are the top three locations for the residency globally.

These countries are excelling in the luxury property market and providing a series of properties to choose from for local and international buyers. UAE is the third-largest country to acquire brand residences globally and Dubai is taking the top place among the world’s other cities according to the latest data.

The United States has branded 200 residency schemes that are in the top position followed by Thailand and UAE as the second and third largest country markets with 42 and 39 completed schemes. 

Dubai is the top location

Dubai, Miami, and New York are one of the top three locations for branded globally as cities have proudly established their entity in the luxury property market. Dubai tends to retain benefits from the healthy mix of projects from a series of global brands by retaining several projects from the local players such as Emaar by bringing diversified options that positively contribute towards the betterment of the economy. 

The real estate market is highly competitive where brand residencies bring a point of difference by giving design expertise and marketing benefits that increase the reach helping in getting a wider customer base along with the availability of potential price premiums.

The surge in demand for branded residences

The expansion of branded residences has seen exponential growth of 230 percent over the one decade. Presently, individuals can choose from the 580 schemes open with 100,000 units between them.

The market forecast shows there will be more than 9000 schemes by 2026. The growth of the UAE is on the rise with the exceeding participation of brands in the space rising in 2021. In the coming years, the United States, Mexico, and UAE will be the leading in terms of new branded residences schemes coming in the pipeline. 

The continuous expansion of the branded residences sector across the globe is moving at a higher rate and has crossed the benchmark this year. The profitable economic model underlines the development of brand residencies. 

The hoteliers are focusing on developing new residential brand concepts and strengthening the development. These new innovative brand residencies can benefit local and internationally as people can invest in building luxurious properties to provide the best experience to their customers. The investor can build exemplary space by acquiring luxury properties with Signature Habitat.

Their expertise in the field helps you every step of the way and also allows you to explore different opportunities that can take your business globally. The brand residencies have huge scope in the UAE as the government provides ample benefits to foreign investors and with zero taxes it’s easy to excel in the country.