DUBAI: It is not just holidaymakers that have contributed to the boom in the luxury holiday-home market.
Sultan is a veteran of the luxury hospitality industry, specializing in high-level conferences and VIP travel arrangements since 2004.
His company spotted an urgent need in the market for short-term, high-end vacation rentals.
“We see a lot of high-net-worth individuals moving their business and bringing staff members to operate out of a villa in Dubai, besides the influx of Russian businessmen holidaying in Dubai and investing here.
In Dubai, the company’s properties are spread between Palm Jumeirah, Emirates Hills and Downtown Dubai.
In addition, the company will soon be working with a developer to create luxury mansion experiences from scratch within the next two to five years.
“It helped that I worked in the industry and had the right connections.
“Our data shows that the more you renovate your bathrooms, the more value you get.
Other preferences include entertainment facilities, including cinemas and sea-facing barbeque areas.
With its opening in January 2018, Emirates News Agency, known as WAM, said that Dubai Frame had become one of the world’s most magnetic attractions.
On the tower’s mezzanine floor is a museum that tells the story of the city’s development through the latest means of presentations, including a panoramic elevator that ascends through the ribs to the upper floors.