100 Real Estate Agents: Bardia Eshghi, Founder and Managing Director, Grand Lux Properties

SECURING THE NO. 10 POSITION on our exclusive list of 100 Agents Driving UAE’s Property Market Resilience is Bardia Eshghi, Founder and Managing Director of Grand Lux Properties. Over nearly 15 years in the industry, Eshghi has established himself as a trusted advisor in Dubai’s prime and ultra-prime real estate market. He has built a boutique brokerage recognized for discretion, integrity, and personalized service, representing landmark transactions across some of the emirate’s most sought-after addresses, including Palm Jumeirah, Peninsula Residences, and Rosewood Residences.

Among Grand Lux Properties’ standout achievements is one of Dubai’s most significant ultra-prime residential transactions to date: the sale of an exceptional Palm Jumeirah villa, exclusively listed at AED175 million, in which the firm represented both buyer and seller — a deal that underscored its ability to execute landmark transactions with complete discretion.

Momentum has continued into 2026, with nearly AED1 billion in ultra-prime sales agreements already progressing toward completion. Eshghi also advised on Dubai’s most valuable annual residential lease ever recorded, securing AED16.5 million for a single year. Having sold the majority of his top-tier listings, his strategic guidance remains a driving force in the luxury sector.

Having witnessed Dubai’s transformation into one of the world’s leading destinations for investors and end users, Eshghi believes the luxury market has entered a more mature phase. “Today’s buyers are increasingly driven by long-term value, quality, and lifestyle rather than short-term trends, while waterfront communities continue to command strong demand due to their exclusivity, limited supply, and enduring appeal,” he says. He attributes Dubai’s sustained momentum to its continued investment in infrastructure, safety, innovation, and business-friendly policies, which he believes will underpin the market’s long-term growth.

Reflecting on his journey in real estate, Eshghi says, “Real estate was never just a career for me — it became a natural extension of my passion for business, people, and creating value. Along the way, I discovered a talent for helping others recognize opportunities where many saw uncertainty, which ultimately led me to the world of luxury real estate.”

Looking ahead, Eshghi believes success in luxury real estate will be defined less by transactions and more by trust. As the market matures and clients become increasingly sophisticated, he argues that long-term relationships, credibility, and reputation have become an agent’s greatest competitive advantage.

“Today’s market is no longer about being the first to call a client — it’s about being the advisor they trust the most. Know your market inside out, understand your clients’ objectives, and focus on creating genuine relationships rather than chasing quick commissions. Clients remember honesty, professionalism, and consistency long after a transaction has been completed. In luxury real estate, your reputation is your greatest asset. Protect it, invest in it, and let your work speak for itself. Success is built over years, not months.”