Octa Properties, a Dubai-based leader in real estate development management, is on track to oversee 14 additional branded projects in Dubai by mid-2025. These ventures will collectively exceed AED 9 billion in value, showcasing the growing demand for luxury real estate in the region.
Branded residences and high-end developments are becoming a focal point in the emirate’s property market. This trend is also gaining traction in Ras Al Khaimah, particularly on Al Marjan Island, as developers prioritise luxury assets. Such properties attract high-net-worth investors due to their strong potential for capital growth and rental yields.
Recent data from Savills reveals that Dubai contributes 12% of the global supply of branded residences, with the broader EMEA region accounting for about 30%.
Octa Properties has formed alliances with renowned brands including Missoni, Hilton, Elie Saab, W, and Franck Muller, offering comprehensive management services tailored to real estate development. The company has also expanded its portfolio by introducing two new verticals: branded interior design and branded marketing communications under the “House of Octa” initiative.
The launch is a response to the rising interest in branded residences across Dubai, according to Fawaz Sous, CEO of Octa Properties. He emphasised that the new verticals align with the company’s goal to diversify and deliver innovative solutions for commercial and residential projects.
The company has also established a new 11,000 sq.ft. office to foster collaboration and innovation, further supporting its expansion efforts. With 4,600 units in its development pipeline, a team of over 100 professionals, and partnerships with more than 1,600 brokerage firms, Octa Properties is poised to strengthen its position in the luxury real estate sector.
Original article reference: Khaleej Times.
