Dubai Real Estate Market Review 17-April-2024

Cash buyers dominating Dubai’s luxury property market in 2024 as city logs $1.7bn in Q1 sales. Dubai real estate attracts global elite as Russians leave for Indonesia, Thailand

Apr 17, 2024

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Cash buyers dominating Dubai’s luxury property market in 2024 as city logs $1.7bn in Q1 sales

In the first quarter of this year, Dubai saw a 6% increase in the sales of homes valued at $10 million or more, with 105 such homes totaling $1.73 billion, compared to $1.6 billion last year. Knight Frank's report highlighted that these sales were predominantly …

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