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Company wants to get into thick of buying activity involving $5m plus homes Whether at the Palm or Dubai Hills, $5 million plus homes are building up steady demand among investors, especially from overseas, in recent weeks. Image Credit: Shutterstock
Dubai: One of the biggest names in the global real estate space wants to sell homes of $5 million and more in the UAE. Berkshire Hathaway HomeServices Gulf venture has launched its luxury collection division, even as the top end of the local market sees more buying activity in recent weeks.
“There is increasing demand for luxury properties in Dubai’s current real estate market,” said Dounia Fadi, Chief Operating Officer. “With our recent high-value transactions in areas like Emirates Hills, Palm Jumeirah, Bulgari Residence and Bluewaters Islands, we feel confident we are moving our agency in the right direction.