Topics: Dubai News
Breaking News: Dubai's Residential Property Prices to Skyrocket in 2023
According to Knight Frank's research teams, of the 26 cities tracked, Dubai continues to lead the rankings for 2023, although the annual growth rate is expected to cool down to a more moderate 14%, down from a staggering 44% last year.
According to Knight Frank\'s research teams, of the 26 cities tracked, Dubai continues to lead the rankings for 2023, although the annual growth rate is expected to cool down to a more moderate 14%, down from a staggering 44% last year.
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Dubai Emerges as the New Real Estate Powerhouse, Outshining Hong Kong and New York
Dubai, the bustling city in the United Arab Emirates, has emerged as the frontrunner in the global luxury real estate market. In a recent report published by Knight Frank, a renowned global real estate data company, Dubai has overtaken traditional real estate powerhouses such as Hong Kong and New York in terms of residential transactions priced at $10 million or more.
Dubai, the bustling city in the United Arab Emirates, has emerged as the frontrunner in the global luxury real estate market. In a recent report published by Knight Frank, a renowned global real estate data company, Dubai has overtaken traditional real estate powerhouses such as Hong Kong and New York in terms of residential transactions priced at $10 million or more.
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