Page 58 - SOBHA REALTY PR REPORT NOVEMBER 2023

Dubai bucks global dip in super-prime

house sales; tops ranking

Story by Issac John • 17h

Dubai bucks global dip in super-prime house sales; tops ranking© Provided by Khaleej Times

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.msn.com/en-ae/money/news/dubai-bucks-global-dip-in-super-prime-house-sales-tops-
ranking/ar-AA1kJRYj