The boom in Dubai’s luxury market continued into the first quarter, with wealthy buyers again driving record sales of homes valued above $10 million.
Over the first three months of 2025, 111 homes were sold with a combined value of $1.9 billion, a 5.7% increase from the same period last year, according to researcher Knight Frank. There were 12 sales of homes valued at $25 million or more in the first quarter, the broker said in a report.
The jump in sales shows how Dubai’s real estate market continued to see surging demand in the months ahead of the global ...
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