Dubai is ahead of London, New York and Paris in the number of luxury properties sold

In 2023, Dubai reached a new record, becoming the world leader in luxury real estate sales and defining London, New York and Paris. In the field of luxury housing in Dubai, a total of 176 deals worth $850 million were concluded, including one of the largest deals worth $111.6 million for a penthouse in the Bulgari Lighthouse complex on Jumeirah Island.

This significant growth highlights the growing interest in Dubai as a premium destination for real estate investments, attracting millionaires due to its high standard of living, return on investment and security. The data shows that Dubai has not only consolidated its position as a global center of luxury and wealth, but also continues to attract investors from all over the world interested in the unique lifestyle and investment opportunities that the city offers.