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
â–ªï¸ London has 68,189 prime homes
â–ªï¸ Dubai at 42,356 units
â–ªï¸ Sydney (27,436)
â–ªï¸ Hong Kong (21,285)
â–ªï¸ Singapore (10,416)
Property Prices
â–ªï¸ Prime property in London is 2 million British pounds
â–ªï¸ Dubai at $1 million
â–ªï¸ Hong Kong at $5 million
â–ªï¸ Sydney at A$3 million
Highlights
â–ªï¸ Dubai fell 5 % in 2020
â–ªï¸ The sixth-highest after Buenos Aires, Cape Town, Bangkok, Hong Kong, and Doha.
UAE - Market Performances
â–ªï¸ Prices of apartments and villas on the Palm Jumeirah increased by 5.1% & 9.4 %
â–ªï¸ Villa prices in District One shows 3.5 % increase.
â–ªï¸ Downtown Dubai and Emirates Hills are also showing similar signs of improvement