Dubai real estate poised to overtake New York, Miami in branded residences by 2029, ARADA says

Dubai is poised to surpass real estate market powerhouses New York and Miami as the global capital of branded residences, with the number of such schemes set to double in the next decade, according to UAE property developer ARADA.

The emirate’s position in the global market for branded residences is gaining momentum, with the total number of completed schemes expected to surge from 51 to 106 by the end of 2029, according to ARADA’s research team.

This projected growth would add approximately 34,000 new units to the market, cementing Dubai’s position as a global leader in this luxury real estate segment.