Dubai Is Bucking a Global Slowdown in Luxury Real Estate Sales

11/29/2023 06:51
Dubai Is Bucking a Global Slowdown in Luxury Real Estate Sales

Fewer properties sold for more than $10 million in the third quarter compared to last year, but a handful of cities posted gains.

Not even the super wealthy are immune to a slowing real estate market.

A total of 362 homes sold for more than $10 million across 12 global markets between July and September, down 2.4% from the same period last year, according to real estate company Knight Frank.

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