REPORT – Buyers from all over the world are investing in it in order to make huge profits in a short period of time, especially in the super luxury sector. An enthusiasm that is not without risk. Special envoy to Dubai With her hand on the steering wheel of her black Range Rover, Khadija el Otmani takes Cheikh Zayed Road, the giant highway that runs through the emirate from North to South among skyscrapers, just like every day. This real estate agent has specialized in the super luxury market in Dubai, with huge profits in sight. Her buyers? Footballers, financiers, or property developers, capable of putting several million euros on the table for new real estate projects that they sell before they are even completed. “I’ve made several clients multimillionaires,” she says, indifferent to the traffic jams that regularly paralyze this artery with sixteen lanes. Also read “We are focused on the bank account”: in Dubai, the great disillusionment of French expatriates The promised gains are dizzying. Nearly 1.8 million euros in 24 months (+170%) for an architect’s villa in Dubai Hills, a private complex outside the city. More than 8.8 million euros in 4 months (+36%) for a whole building purchased… This article is reserved for subscribers. You still have 90% left to discover. Do you want to read the rest? Unlock all articles immediately. Already a subscriber? Log in.
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