LIVE LARGE Reports Unprecedented Demand in Dubai’s Booming Real Estate Market
LIVE LARGE’s market research highlights remarkable trends in the luxury short-term rental sector
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LIVE LARGE, a Dubai-based luxury short-term rental operator, reports an unprecedented surge in demand for high-end short-term rentals. As Dubai’s real estate market soars to new heights, LIVE LARGE’s recent market research highlights significant trends in the luxury short-term rental sector, reinforcing the city’s status as a global hub for luxury living, travel, and investment.
Key Insights from LIVE LARGE’s H1 Market Research
LIVE LARGE‘s H1 luxury short-term market research summary highlights an impressive over 86% occupancy rate, a trend expected to sustain through the warm summer months and beyond. This surge is fueled by an increasing demand for larger properties in prime areas, with four-bedroom and up configurations being particularly sought after.
“Our research shows that over half of our clients are looking to book for three months or longer, indicating a strong preference for extended stays,” said Ryan, founder of LIVE LARGE. “This aligns with the rising influx of high-net-worth individuals moving to Dubai, seeking the unparalleled lifestyle and hospitality the city offers.”
Design-Led Properties: The New Standard of Luxury
LIVE LARGE’s clientele is increasingly drawn to premium, design-led properties, driving the company to consistently expand its portfolio. From chic beachfront apartments to ultra-luxury penthouses, LIVE LARGE partners with Dubai’s leading interior designers to ensure each property boasts modern high-end furnishings, state-of-the-art appliances, and bespoke artwork and decorations. This meticulous attention to detail offers guests a true luxury home experience. Each stay is further enhanced with five-star hotel linens, Italian Acqua di Parma amenities, and premium coffee, tea, and water brands, offering guests a luxury experience on par with the city’s top hotels.
“We are witnessing an upward trend in high-net-worth clients moving to Dubai,” added Ryan. “Since 2021, this demographic has been steadily increasing, now comprising a significant percentage of our client base. This trend mirrors the rising demand for luxury homes and record-breaking real estate transactions in Dubai.”
Enhancing the Luxury Experience
In response to the surging demand, LIVE LARGE is expanding its portfolio to include more high-end properties in prime locations across Dubai. The company is also broadening its services to offer tailored experiences, including personalized concierge services and bespoke travel arrangements, all supported by their experienced, dedicated hospitality team.
“Our goal is to create memorable and luxurious stays for our clients,” said Ryan. “We understand the unique needs of our guests and are committed to exceeding their expectations at every opportunity. We aim to ensure that every guest experiences the very best that Dubai has to offer.”
As Dubai’s real estate sector continues to mature, LIVE LARGE is poised to lead the market in luxury short-term rentals, offering unparalleled service and exceptional properties.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
This collaboration will extend into the fourth phase of Azizi’s Riviera project in MBR City, with Cummins supplying top-tier power generators.
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Azizi Developments, a prominent private developer in the UAE, and Cummins Inc., a global leader in power solutions design, manufacturing, distribution, and supply, are extending their partnership into the fourth phase of the large-scale Riviera project. Cummins, known for its diverse range of products including diesel, natural gas, electric, and hybrid powertrains, as well as powertrain-related components, like filtration, after-treatment, turbochargers, fuel systems, control systems, air handling systems, automated transmissions, electric power generation systems, batteries, hydrogen generation, and fuel cell products. The manufacturer is globally renowned for its excellence in both innovation and sustainability.
Mr. Farhad Azizi, CEO of Azizi Developments, said: “As we continue our collaboration with Cummins Inc. for the fourth phase of our flagship project, Riviera, we reaffirm our commitment to procuring and utilizing only the highest quality materials. This partnership highlights our dedication to providing exceptional lifestyles for our investors and end-users through the careful selection of premium components. We are confident that our now-broadened alliance with Cummins Inc. will help in maintaining the high standards established for Riviera and further elevate the benchmarks of quality and excellence.”
Riviera is part of Azizi Developments’ award-winning portfolio. It is a stylish waterfront lifestyle destination that comprises 75 mid- and high-rise buildings with approximately 16,000 residences.
Designed to introduce the French-Mediterranean lifestyle to Dubai, which is not merely about architectural art, but also about a certain ‘joie de vivre’ — a celebration of life, an exultation of spirit, Riviera represents a new landmark destination that is both residential and commercial, with an abundance of retail space. Riviera features three districts: an extensive retail boulevard, a lagoon walk on the shores of its 2.7 km-long swimmable crystal lagoon with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space.
With its strategic location near the upcoming Meydan One Mall and the Meydan Racecourse — home of the Dubai World Cup — as well as Dubai’s most noteworthy points of interest, Riviera represents one of Azizi Developments’ most coveted projects.
Azizi Developments’ Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
