A year in Luxury

Despite what seemed like a tumultuous year for Dubai’s residential real estate market, 2018 was indeed a great year for Luxhabitat. In 2018, the Dubai Land Department recorded over AED 74.7 billion in the residential market alone. Despite a decline of 10% in market value from 2017, we successfully achieved our targets. It is proof that the demand for quality-homes thrives even in the presence of a maturing market. It was the same premise by which Luxhabitat was founded 10 years ago.

In mature markets, the real estate brokerage i ndustry is facing a significant disruption due to the increasing competition from new online players in the proptech space with more tangible value propositions.

At Luxhabitat, we’ve always had firm beliefs in the role of the real estate agent, but we continue to be focused on value contribution to accomplishing high levels of client satisfaction. We are currently building a modern real estate platform, focused on design-led homes and pairing the industry’s top sales talent with a robust team of marketing and technology professionals to make the search and sell experience seamless and user-friendly. This end-to-end platform will be built to support the home buying, selling or renting process based on an agent’s workflow.

By elevating the most personal parts of the process, Luxhabitat aims to deliver an incomparable experience to each client. We look forward to expanding the Luxhabitat brand and ethos and are very excited about what we have on our hands now. The future looks both promising and bright for us.

- Oriol Font, CEO, Luxhabitat