FOREWARD
Our founder Ezaht Al Doory sits down for issue 206 of Big Project to discuss all things Estilo. He dives into viewpoints on the market. expectations for the future, latest innovations with the design and construction process. And also Estilo’s stunning luxury projects across Dubai and around the world.
The demand for uniqueness and distinction has spurred a shift in preferences. Simply put, a standard modern design no longer suffices; it requires an added touch of extraordinary flair to stand out.”
He continues “Ultra-luxury buyers are making purchases at the pinnacle of the market – our properties are being sold for prices ranging from $27mn to $41mn. Currently, we are in negotiations for a property valued at Somn; if finalised this sale will mark our most significant transaction to date. The deal includes an option to rent the property for one year, priced at $2.72mn, setting a new record for the highest rental on the Palm. Last year, we achieved the highest rental record at $2.18mn.”
He continues “Ultra-luxury buyers are making purchases at the pinnacle of the market – our properties are being sold for prices ranging from $27mn to $41mn. Currently, we are in negotiations for a property valued at Somn; if finalised this sale will mark our most significant transaction to date. The deal includes an option to rent the property for one year, priced at $2.72mn, setting a new record for the highest rental on the Palm. Last year, we achieved the highest rental record at $2.18mn.”
