Dubai Ranked Second Highest of Prime Properties

Dubai ranked second-highest of prime properties 

Dubai - Home to 536 millionaires with a net worth of more than $30 million

Chart showing the definition of prime property varies by location 

▪️   London has 68,189 prime homes 
▪️   Dubai at 42,356 units
▪️   Sydney (27,436)
▪️   Hong Kong (21,285)
▪️   Singapore (10,416)

Property Prices 
▪️   Prime property in London is 2 million British pounds
▪️   Dubai at $1 million
▪️   Hong Kong at $5 million
▪️   Sydney at A$3 million

Highlights
▪️   Dubai fell 5 % in 2020
▪️   The sixth-highest after Buenos Aires, Cape Town, Bangkok, Hong Kong, and Doha.

UAE - Market Performances 
▪️   Prices of apartments and villas on the Palm Jumeirah increased by 5.1% & 9.4 %
▪️   Villa prices in District One shows 3.5 % increase. 
▪️   Downtown Dubai and Emirates Hills are also showing similar signs of improvement