Page 54 - SOBHA REALTY PR REPORT NOVEMBER 2023

Dubai bucks global dip in super-prime house

sales; tops ranking

Volume of super-prime homes sold in Dubai totalled $1.59 billion during Q3

by

Issac John

Published: Wed 29 Nov 2023, 9:48 PM

Bucking a global downward trend in super-prime residential sales, Dubai again led the
world ranking of quarterly deals in this category of residences priced above $10 million.

A super-prime intelligence report by global property consultant Knight Frank on home
sales across 12 markets covered in the three months to September finds that along with

Dubai, four other markets saw volumes rise through the last quarter on a year-on-year
basis, beating the general decline in this sector.

In Q3, global super-prime residential sales fell 2.4 per cent on a year-on-year basis, with
362 sales across the 12 markets covered in the three months to September compared
to 371 in the same period last year.

https://www.khaleejtimes.com/business/dubai-bucks-global-dip-in-super-prime-house-sales-tops-
ranking