Listings for properties over $10 million have dropped 65.5% in the last year, with only 460 now available as Dubai real estate continues to attract the world’s wealthy
prime residential market
Latest in prime residential market
Downtown Dubai
Dubai real estate: Rents in prime areas fell over 20% in third quarter of 2023
Average rental prices in Dubai’s prime residential villa communities such as Arabian Ranches saw a decrease between the third and second quarter of 2023
Dubai
Dubai real estate: Wealthy elite flocking to Palm Jumeirah, Emirates Hills to spend $2.5bn, report reveals
Dubai has become a “magnet” for the world’s wealthy as they flock to the emirate to buy luxury properties worth $10 million and above
Palm Jumeirah
Revealed: Palm Jumeirah’s new exclusive luxury property
The residence comprises of 2, 3 and 4-bedroom luxury units with sea views
Dubai
Dubai’s Palm Jumeirah: Records, awards won by the iconic island tourist destination
The iconic island has received multiple titles since its formation in 2001
Dubai real estate
Lanai Islands ‘most expensive’ mansion sold for over $24mn at Tilal Al Ghaf
Lanai Islands, which is scheduled for completion in 2026, will be the first of two private islands at Tilal Al Ghaf
Dubai
Dubai beats US cities as prime property prices rise by 4.7 percent: report
The top three cities include Miami, Los Angeles and San Francisco. There is also a “growing trend” in the emirate as residents extend their plans to make Dubai their primary home
Chris Whitehead
How did villas, branded residences, and apartments in Dubai’s prime residential market fare in Q1 2022?
Shell and core villas are among the highest demanded properties, second only to off-plan branded residences, which are reselling for the highest premiums recorded so far, the managing partner for LUXHABITAT Sotheby’s International Realty revealed
Dubai luxury real estate
How Dubai’s prime residential property market continues to soar
Analysis by Luxhabitat Sotheby’s shows a 41% rise in prices, with the average value of prime properties jumping to AED4.6m
Dubai luxury real estate
Dawn of ‘Roaring Twenties’ seen as Dubai’s luxury home sales soar
In the first five months of the year, 22 homes worth more than $10 million in the emirate found a buyer, the most since 2015 and up from a total of 19 last year
Chris Boswell Dubai
Why luxury property is at a premium in Dubai, according to real estate expert
Chris Boswell is one of the emirate’s most successful real estate agents with over $1.15 billion in sales