The Royal Atlantis Resort & Residences in Dubai | Premier International Property Spotlight Posted on March 28, 2019 by Michael Light Because of our powerful partnership with Knight Frank Residential headquartered in London, we announced in an earlier article this year that we would be showcasing a premier international property every month, this year. This month we are showcasing the truly iconic Royal Atlantis Resort & Residences, which is an architectural masterpiece soaring 43 stories over the sparkling waters of the Arabian Gulf in Dubai. The Royal Atlantis Resort & Residences offers everything you could possibly dream of in an ideal home…unique architectural design, unparalleled amenities, a private beach, exquisite interiors, breathtaking water & city skyline views and located in a global hotspot! The architectural design speaks for itself as you look at the pictures of the development, the stackable glass cubes look like a sculpture in the sky and are complimented by infinity-edge pools and super cool water & fire features which were curated by the very designers who created the famous water fountain at the Bellagio Hotel in Las Vegas. The Royal Atlantis Resort & Residences in Dubai The Royal Atlantis Resort & Residences in Dubai The residences at The Royal Atlantis, which were brilliantly designed by Sybille de Margerie, offer the chic vibes that you would expect from a culturally-divine city like Dubai but also offer a sophisticated pallete of designs suitable for even the most discerning buyer. The Royal Atlantis features 2, 3, 4 and 5-bedroom residences ranging in size from 1,428 to 18,721 square feet, offering a collection of Sky Court Homes, 2-story Garden Suites and Grand Penthouses with private pools and expansive terraces with stunning views of the Arabian Gulf and the vibrant Dubai skyline. The Royal Atlantis Garden Suite Living Area The Royal Atlantis Penthouse Private Terrace & Pool Developed and operated by Kerzner International, an international leading developer and operator of top global destination resorts and ultra-luxe hotels, The Royal Atlantis Resort & Residences offers both residents and guests unrivaled amenities that include a private beach, sky pool & lounge, 90-meter sky-high infinity pool, family pool, children’s pool, state-of-the-art fitness center, 6-star wellness center, conference rooms, boutique shopping, beautiful manicured landscaping, spectacular fire & water features throughout, indoor & outdoor restaurants by award-winning chefs, 24-hour security, valet services and unparalleled concierge services. The Royal Atlantis Resort & Residences Pool The Royal Atlantis Overview Developer/Operator: Kerzner International Architect: KPF Interior Design: Sybille de Margerie Interiors Water Features Creators: WET Sky Pool & Lounge Design: David Mexico Design Group Pricing: Starting at $1.9M USD (AED 6.995 Million) Estimated Completion: Q2 2020 DOWNLOAD: The Royal Atlantis Resort & Residences Brochure DOWNLOAD: The Royal Atlantis Resort & Residences Floor Plans The Royal Atlantis Residence Features Expansive layouts offering 2, 3, 4 and 5-bedroom condos ranging in size from 1,428 to 18,721 square feet Chic, sophisticated interiors designed by Sybille de Margerie Dramatic floor-to-ceiling windows throughout Gourmet kitchens and spa-like bathrooms Sky Court Homes feature elevated terraces with private outdoor pools Garden Suites are 2-level residences offering private landscaped gardens, a pool and a vast entertainment space Penthouses feature an expansive terrace with a private pool and offers spectacular views of the Arabian Gulf and Dubai skyline The Royal Atlantis Building Features & Amenities Sky Pool & Lounge Grand Residential Lobby Residential Porte-Cochère Beautiful Residents’ Courtyard Resort Lobby Resort Grand Lobby Terrace Resort Porte-Cochère Spectacular Fire & Water Features Private Beach Residents-Only Pool 90-Meter Sky-High Infinity Pool Family Pool Children’s Pool State-of-the-Art Fitness Center 6-Star Wellness Spa Conference Rooms Boutique Shopping Indoor & Outdoor Restaurants with Award-Winning Chefs 24-Hour Valet, Security & Personalized Concierge Services The Royal Atlantis Resort & Residences in Dubai Aerial View of The Royal Atlantis Resort & Residences Amenity Deck Douglas Elliman & Knight Frank Residential | 2 Extraordinary Brands | 1 Powerful Partnership https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4 Download: Powerful Partnership | Douglas Elliman & Knight Frank Residential If you are interested in a viewing of The Royal Atlantis Resort & Residences in Dubai, please contact Michael Light, Broker with Douglas Elliman Real Estate, an exclusive partner of Knight Frank Residential. Michael will be pleased to coordinate a private viewing of The Royal Atlantis for you. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.
Knight Frank 2019 Wealth Report Released Posted on March 12, 2019 by Michael Light Knight Frank Residential, the largest real estate consultancy firm in the world, in connection with its exclusive partner Douglas Elliman Real Estate, the #1 Brokerage in Manhattan and Miami Beach and top luxury firm in the U.S., just released their 2019 Wealth Report, which reflects the global perspective on prime property and investment, including key wealth trends and property hotspots around the world. The Wealth Report examines investment trends covering almost 100 countries and 100+ cities, including what US$1M buys you around the world. The 2019 Wealth Report gives our clients insight on what the next 12 months has in store for us. The multitude of global, economic and political issues continue to be unresolved and have become even more complex in many countries. Nevertheless, we remain optimistic about 2019 because while there still may be challenges, there will be considerable opportunities for many as the markets continue to shift. In this year’s edition of The Wealth Report, we highlight the residential and commercial markets around the globe that offer great investment opportunities for those looking to purchase real estate. DOWNLOAD: 2019 Wealth Report Key Takeaways From The 2019 Wealth Report: The global Ultra-High-Net-Worth Individuals (“UHNWI”) population is forecast to rise by 22% over the next 5 years, meaning that an additional 43,000 people will be worth more than US$30 Million by 2023. 2019 will be the year the number of US$ millionaires globally exceeds 20 million for the very 1st time. Whisky storms to the top of DE | KF’s Luxury Investment Index with 40% annual growth. Existing UHNWI’s expect their wealth to increase over the next 12 months, with confidence most marked in the U.S. where 80% expect to be better off. 63% of the world’s ultra-high-net-worth population saw an increase in their wealth in 2018. Home to around 33,300 millionaires, we expect Miami to record prime price growth of 5% in 2019, outperforming a number of other key U.S. cities. Prices are rising from a comparatively low base, new investment in the form of the Brightline train is boosting the local economy and Florida’s low tax status may spur some U.S. residents to move to the sunshine state in the wake of the new State and Local Tax (SALT) deductions. Did you know that Miami is the top city in the U.S. to buy luxury real estate, based on value proposition? Check out the graph below for a quick look at the relative value that Miami offers compared to other major cities in the U.S. and around the world. How many square feet/square meters can US$1Million buy you in the top luxury markets in the world? Below is a list of the top 20 luxury market cities worldwide broken down into square feet. Notice Miami’s location on the chart, which shows the value proposition of buying real estate in Miami instead of other top destination cities. For instance, you only get 334 square feet of space in NYC per US$1Million compared to 1,001 square feet in Miami. The value proposition for tropical Miami coupled with the fact that Miami has reinvented itself as a creative tech hub, an international cultural destination, a financial banking hub and a low tax status destination….screams….BUY REAL ESTATE IN MIAMI! Relative Values – How much US$1 Million will buy in key cities around the globe Monaco: 172 sq/ft (16 sq/m) Hong Kong: 237 sq/ft (22 sq/m) New York: 334 sq/ft (31 sq/m) London: 334 sq/ft (31 sq/m) Singapore: 388 sq/ft (36 sq/m) Los Angeles: 420 sq/ft (39 sq/m) Geneva: 441 sq/ft (41 sq/m) Paris: 495 sq/ft (46 sq/m) Sydney: 560 sq/ft (52 sq/m) Shanghai: 614 sq/ft (57 sq/m) Beijing: 721 sq/ft (67 sq/m) Tokyo: 721 sq/ft (67 sq/m) Berlin: 786 sq/ft (73 sq/m) Miami: 1,001 sq/ft (93 sq/m) Melbourne: 1,044 sq/ft (97 sq/m) Mumbai: 1,076 sq/ft (100 sq/m) Istanbul: 1,173 sq/ft (109 sq/m) Dubai: 1,539 sq/ft (143 sq/m) Cape Town: 1,905 sq/ft (177 sq/m) Sao Paulo: 2,153 sq/ft (200 sq/m) Objects of Desire for 2019 Go Hand-In-Hand With the Top Sales of 2018 Below is a graph highlighting the top objects of desire for 2019 based on DE | KF’s Luxury Investment Index, which shows that rare whiskey is the hot new trend, as it is expected to have 40% annual growth. Further, trends are usually forecasted based on the past, so it is important to note that in 2018, a bottle of Macallan 1926, hand painted by Michael Dillon sold for US$1.5 Million, making it the most expensive bottle of whiskey to ever sell. WOW! 2019 Objects of Desire – 12 Month Change in Asset Value & Top Sales of 2018 Knight Frank and Douglas Elliman Released Additional Reports Providing Insight on Other Key Takeaways from our Global Market. Urban Futures 2019 This is the 1st edition of Urban Futures, which is a report on the increasingly prominent topic of housing affordability around the world. Although this has become a critical issue for cities all around the globe, it is often viewed not on the forefront of our discussion. This Urban Futures report lays out an overview of solutions that are currently being implemented in some of the leading cities around the world and gives insight to those city authorities that have not yet begun this process. DOWNLOAD: Urban Futures 2019 The Global Ultra-Prime Market 2019 This inaugural edition of The Global Ultra-Prime Market 2019 is a report showcasing the global assessment of ultra-prime residential markets. This information is based on market data gathered from across the world to confirm the actual extent of the world’s top-tier residential locations. DOWNLOAD: The Global Ultra-Prime Market 2019 Prime Global Forecast 2019 The Prime Global Forecast is a resourceful report providing insight on how the economic landscape around the globe is changing and its effects around the world. As monetary policy normalizes and geopolitical jitters increase in many countries, we must remember with risk, comes great opportunity. DOWNLOAD: Prime Global Forecast 2019 If you are interested in the local real estate market in Miami and Miami Beach, please contact Broker Michael Light. Michael is the Senior Director of Luxury Sales and a member of the exclusive Sports & Entertainment Division at Douglas Elliman Real Estate. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.
Crown Residences at One Barangaroo | Premier International Property Spotlight Posted on February 28, 2019 by Michael Light Because of our powerful partnership with Knight Frank Residential headquartered in London, we announced in an earlier article this year that we would be showcasing a premier international property every month. This month we are showcasing Crown Residences’ ultra-luxury condo tower in Sydney Australia, ‘One Barangaroo,’ situated in the new, trendy Barangaroo precinct on the edge of Sydney Harbour. The Crown Residences at One Barangaroo is an affluent project offering a limed collection of 82 exquisite residences that has been brilliantly designed to frame the spectacular views of Sydney’s Harbour icons, and to also stand alongside these icons as a defining landmark of this extraordinarily beautiful city. One Barangaroo offers a selection of expansive 2, 3, 4 and 5-bedroom residences, with a very limited number of trophy Duplex Penthouses. The remarkable twisting glass design of the building and over-the-top amenities of the residences are matched only by the effortless luxury of the 6-star hotels services, offered to residents both day and night. Developed and operated by Crown Resorts, Australia’s leading independent hotelier, One Barangaroo offers unparalleled amenities including 24-hour hotel services such as in-residence fine dining, housekeeping, grocery shopping, personalized concierge services and valet services. One Barangaroo also features resort amenities including a VIP pool area with a 25-meter swimming pool, a harbour-view gymnasium, tennis court and a 6-star health and wellness facility offering internationally-acclaimed spa and beauty treatments, fitness training and mindfulness. One Barangaroo Overview Developer/Hotelier Brand: Crown Resorts Architect: Wilkinson Eyre Architects Interior Design: Meyer-Davis Studio Interiors Landscape Architect: St Legere Residences: 82 Pricing: Starting at AUD $9,500,000 (approx. $6.75M USD) Estimated Completion: Early 2021 One Barangaroo Residence Features 82 bespoke residences Interiors meticulously designed by famed New York-based Design Firm Meyer Davis Dramatic floor-to-ceiling windows Chef’s kitchens with Sub-Zero and Wolf Appliances Spa-like bathrooms with marble and quartz throughout Spacious balconies with spectacular water views Sweeping views of Sydney Harbour and the Opera House Crown Residences One Barangaroo Penthouse Duplex Living Area Crown Residences One Barangaroo Penthouse Duplex Living Area View to Opera House Crown Residences One Barangaroo Penthouse Duplex Master Bedroom Crown Residences One Barangaroo Penthouse Duplex Master Bath Crown Residences One Barangaroo Penthouse Duplex Living – View of Opera House Crown Residences One Barangaroo Penthouse Duplex Kitchen One Barangaroo Building Features & Amenities 24-hour 6-Star hotel services VIP pool areas with 25-meter pool Harbour-view gymnasium Tennis court Fine dining restaurants on site and in-residence dining Tailored concierge services Valet service Housekeeping and grocery services 6-Star Health and wellness, internationally-acclaimed spa and beauty treatments, fitness training and mindfulness Crown Residences One Barangaroo Sydney Crown Residences One Barangaroo Sydney Crown Residences One Barangaroo Sydney Crown Residences One Barangaroo Sydney Crown Residences One Barangaroo – Barangaroo Reserve Crown Residences One Barangaroo North Wulugul Walk Crown Residences One Barangaroo South Wulugul Walk Crown Residences One Barangaroo Arrival Crown Residences One Barangaroo Porte Cochere Crown Residences One Barangaroo Whiskey Bar Crown Residences One Barangaroo Vitality Spa Crown Residences One Barangaroo Tennis Court Crown Residences One Barangaroo Watermans Cove Crown Residences One Barangaroo Resort Pool Crown Residences One Barangaroo Resort Pool Terrace Crown Residences One Barangaroo Look Down to Harbour Crown Residences One Barangaroo Crystal Club Rooftop Terrace Crown Residences One Barangaroo Pyrmont Bridge Douglas Elliman & Knight Frank Residential | 2 Extraordinary Brands | 1 Powerful Partnership https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4 Download: Powerful Partnership | Douglas Elliman & Knight Frank Residential If you are interested in a viewing of Crown Residences at One Barangaroo in Sydney, please contact Michael Light, Broker with Douglas Elliman Real Estate, an exclusive partner of Knight Frank Residential. Michael will be pleased to coordinate a private viewing of One Barangaroo for you. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.
Clarges Mayfair London | Premier International Property | Monthly Spotlight Posted on January 28, 2019January 31, 2019 by Michael Light Because of our powerful partnership with Knight Frank Residential headquartered in London, we announced in an earlier article this year that we would be showcasing a premier international property every month. This month we are showcasing Clarges Mayfair in London. Jaimee and I visited the development during a recent visit to London, and I have to say…it was stunning. Clarges Mayfair is a bespoke boutique condo building ideally situated on Piccadilly in the Mayfair neighborhood of London overlooking Green Park and Buckingham Palace. Completed in 2018, this exquisite super-prime building consists of 34 exquisite apartments offering luxurious interiors meticulously designed by Martin Kemp Design. These residences boast Boffi kitchens with high-end Gaggenau appliances, spa-like bathrooms and stunning views over The Royal Park and the London skyline. Clarges Mayfair in London Boffi Kitchen Clarges Mayfair in London Living/Dining Area Clarges Mayfair in London Master Bedroom Dressing Area Clarges Mayfair in London Master Bath Clarges Mayfair is a unique, full-service residential building offering exceptional amenities that include carefully-curated concierge services, 24-hour reception desk, a spectacular 4-story atrium with Amaranthyne light sculpture, private residents’ lounge, business suites, cinema room, fully-equipped fitness center, English spa with private treatment rooms, 25-meter indoor swimming pool, hydrotherapy pool, secure underground parking with charging stations and much more. Check out below for more information on Clarges Mayfair including a downloadable brochure, features and photos. Download: Clarges Mayfair London Brochure Clarges Mayfair Residence Features Distinct luxurious interiors designed by Martin Kemp Design Panoramic views over The Royal Park, Buckingham Palace and London skyline Bespoke Boffi kitchens boasting timber veneer cabinetry, marble worktops and high-end Gaggenau appliances Spa-like master bathrooms featuring book-matched marble throughout, spacious soaking tub and integrated lighting Clarges Mayfair Building Features & Amenities Bespoke boutique building consisting of 34 exquisite residential apartments Carefully-curated concierge services 24-hour reception desk Private residents’ lounge Business suites or private dining for up to 30 people Cinema room with seating for 18 English Spa with 4 private treatment rooms, 2 saunas and 2 steam rooms Fully-equipped, high-tech fitness suite 25-metre (82-foot) indoor swimming pool with lounge area and hydrotherapy pool Chef’s catering kitchen for private social events Car lift with turning circle Secure underground parking with electric charging points Driver/chauffeur room Private storage rooms 4-story atrium with Amaranthyne light sculpture Ideally located with a pedestrian entrance from Piccadilly If you are interested in viewing Clarges Mayfair in London, please contact Michael Light, Broker with Douglas Elliman Real Estate. Michael will be pleased to coordinate a private viewing of Clarges Mayfair for you. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com. Clarges Mayfair in London Clarges Mayfair in London Entrance Clarges Mayfair in London Lobby Clarges Mayfair in London 4-Story Atrium Clarges Mayfair in London 4-Story Atrium Clarges Mayfair in London Amaranthyne Light Sculpture Clarges Mayfair in London Lobby Reception Clarges Mayfair in London Entrance to English Spa Clarges Mayfair in London English Spa Clarges Mayfair in London Indoor Pool Clarges Mayfair in London Fitness Center Clarges Mayfair in London Fitness Center Clarges Mayfair in London Cinema Room Clarges Mayfair in London Business Center Clarges Mayfair in London Car Lift with Turning Circle Douglas Elliman & Knight Frank Residential | 2 Extraordinary Brands | 1 Powerful Partnership https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4
A Powerful Partnership | Douglas Elliman’s Exclusive Partnership with Knight Frank Residential Posted on January 24, 2019March 11, 2019 by Michael Light A few years ago, Douglas Elliman Real Estate, the highest-grossing private real estate company in the United States, formed an exclusive partnership with Knight Frank Residential headquartered in London, which is an international luxury real estate firm that individually operates across Europe, Asia, Africa and Australia. These 2 real estate powerhouses strategically formed an alliance because Douglas Elliman only operates in the United States while Knight Frank operates everywhere but the U.S. So, what better way to take over the luxury real estate market across the globe…form an exclusive partnership. But this partnership is not just for looks, it is genuinely effective and efficient. Both Douglas Elliman and Knight Frank represent many ultra-high-net-worth individuals that are buying real estate all over the world, whether for investment purposes only or for 2nd, 3rd homes, etc. Together, DE & KF joined forces to create an influential real estate network spanning 523 offices in 60 countries across 6 continents. Our companies share clients and data as well as collaborate on projects. For example, every year DE & KF put out the highly-respected Wealth Report, which reflects the global perspective on prime property and investment, including key wealth trends and property hotspots around the world. The Wealth Report examines investment trends covering almost 100 countries and 100+ cities, including what $1M USD buys you around the world. Douglas Elliman & Knight Frank have come together to build a platform that caters to the global needs of all of our clients. Douglas Elliman & Knight Frank Residential https://www.miamiluxuryhomes.com/wp-content/uploads/2018/11/DEKF-Video-for-Social.mp4 Download: Powerful Partnership | Douglas Elliman & Knight Frank Residential How does this Affect my Miami Clients? On a global scale, Miami has grown to become one of the most sought-after destinations to call home. Whether because of the year-round tropical weather, the value proposition of owning real estate or the escape from an ever-expanding tax base that has majorly affected a huge portion of the U.S., people are flocking to Miami more than ever. Because of the diverse international presence in Miami, a lot of my long-term clients hail from all around the world, thus they buy property all around the world, not just in Miami. Because of our exclusive partnership with Knight Frank, my clients can utilize the relationships that we have built to help them with purchases in all of the locations that Knight Frank is present. I would personally assist with global purchases and refer you to an advisor that I trust to take care of you in the city/country that you are looking to purchase. Our Monthly Spotlight on Premier International Properties Jaimee and I traveled across the pond to meet with our Knight Frank colleagues Stacey Watson, Partner and Manager of International Operations, and Daniel Daggers, a premier luxury agent in London also known as ‘Mr. Super Prime,’ to tour the most exclusive properties being marketed for sale in London. We also discussed with Stacey and Daniel the overall market trends around the world, and they informed us about exclusive properties being marketed for sale by Knight Frank in other markets including Sydney, Dubai, Interlaken, Paris and Singapore. Because of our insightful meeting, we thought it would be a great idea and beneficial to our international clients to publish a monthly spotlight on a premier international property. This property may be a boutique condo building in the heart of London, a luxury estate on a sprawling game farm in South Africa, an exquisite house in a quiet village along the mountains in Switzerland, etc. Our first spotlight will be coming in a few weeks where we feature a spectacular boutique condo building in the Mayfair neighborhood of London, Clarges at Mayfair, so be sure to check out this stunning property, along with all of the others each month! If you, or someone you know, are interested in purchasing luxury real estate in Miami and/or Miami Beach, please contact Broker Michael Light, Founder/Owner of the Miami Luxury Homes Group at Douglas Elliman Real Estate, Senior Director of Luxury Sales at Douglas Elliman and a member of its elite Sports & Entertainment Division. Michael has over 10 years of experience working with influential buyers from all over the world and is an expert on educating buyers on market statistics and trends. You may reach Michael directly on his cell phone at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.