The Luxury Real Estate
The celebration marked the company’s entry into the luxury market and served as an opportunity to recognize excellence in sales. Image Credit: Supplied

Dubai: The Luxury Real Estate officially celebrated its launch with an exclusive event on the evening of October 12 at its headquarters in the Al Ghurair Complex, off Sheikh Zayed Road. The event brought together top real estate professionals, high-net-worth individuals (HNWIs), and industry leaders.

The celebration marked the company’s entry into the luxury market and served as an opportunity to recognize excellence in sales. Awards were presented to the top three performers for Q3 2024, as well as to top newcomers who made a significant impact in a short time. The company also honored consistent performers for their unwavering dedication and acknowledged the exceptional contributions of its admin team.

Earlier this year, The Luxury Real Estate merged its portfolio with Scorpion Property, securing AED 3 billion in exclusive listings across Dubai.

The company’s director of sales said: “The official launch of The Luxury Real Estate represents a new era in Dubai's luxury property market. We are committed to providing unparalleled service, exclusive property listings, and expert guidance to HNWI clients. This evening is a testament to the hard work and dedication of our team, and it’s a privilege to honor the outstanding performers driving our success.”

The awards celebrated agents who closed significant deals in some of Dubai’s most prestigious developments.

Dubai's luxury real estate sector continues to experience growing demand. Knight Frank projects that HNWIs will spend $4.4 billion on luxury property in Dubai this year, a 76% increase from 2023.