Dubai real estate regained its footing in 2019 and was off to the races as 2020 dawned. Then came a pandemic in March accompanied by lockdown measures, bringing much of the vibrant city to a halt. Dubai’s property market picked itself up more quickly than many other contenders and finished the year on a winning streak, but COVID-19 altered the must-have lists of buyers and renters of Dubai’s luxury property.
Luxury Property Market
Although COVID-19 has devastated many industries, real estate is not one of them in many countries, including Canada. Buyers are vying for limited inventory, including of second-home properties in more rural settings as remote-work arrangements allow them to live anywhere with an internet connection. The Agency takes us on a tour of some of the most desirable available luxury properties in the cities and suburbs of Ontario and British Columbia.
The Southeast Asian island city-state of Singapore may be comparatively small in size but is mighty in influence, universally recognized as a global financial centre. Due to its esteemed status, it’s not surprising that its luxury real estate is popular among high-net-worth investors. Some of the most desirable properties in the Orchard Road area, at the heart of the city’s retail and accommodation activity, are showcased in our real-estate feature.
Wealth and opulence are synonymous with Dubai, so it’s not surprising that the city’s real estate is pure luxury. Dubai has made a name by setting new records, from constructing the world’s tallest building to longest indoor ski slope, and its real estate matches that spirit of innovation. Whether you want to make a permanent home in this Middle Eastern trade hub or an exceptional investment, the Dubai market offers unrivaled opportunities.