November 28, 2024

Dubai real estate sees $3.6bn spend on ultra-luxury properties; Palm Jumeirah and Jumeira Bay top choices for super-rich

Palm Jumeirah and Jumeirah Bay Island are the preferred locations for ultra-high-net-worth individuals (UHNWIs) in Dubai, representing 48% of all transactions valued at AED50M ($13.6M) or higher during the first ten months of 2024, according to Metropolitan Premium Properties (MPP). Other notable areas include Mohammed Bin Rashid City, Tilal Al Ghaf, and Dubai Hills Estate. Dubai’s super-luxury...

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