This surge in demand reflects a broader trend that has seen Dubai become the busiest market in the world for\u00a0$10 million+ home sales.<\/p>\n\n\n\n KT Graphic: Raja Choudhury<\/p>\n\n\n\n The property consultancy told\u00a0\u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u062e\u0644\u064a\u062c \u062a\u0627\u064a\u0645\u0632<\/em>\u00a0that Dubai currently has 150 homes priced above Dh100 million on the market. \u201cAnd it\u2019s not just\u00a0villas that the global super rich\u00a0are looking for either. 80 per cent of those with a net worth of $15-20 million are looking for an apartment \u2026 We need to ensure we get the balance right between\u00a0ultra luxury villas\u00a0and apartments \u2014 and key of course to the attractiveness and success of these developments is their exclusivity.\u201d<\/p>\n\n\n\n The strongest appetite for a real estate purchase in the UAE comes from those with the greatest wealth, said Faisal Durrani, Partner and Head of Research for Mena at Knight Frank.<\/p>\n\n\n\n One of the many key defining features of the current property market cycle is the shift in the profile of buyers, with genuine end-users becoming more active than speculative purchasers.<\/p>\n\n\n\n \u201cThey are largely genuine end-users, purchasing homes for personal use. This is a sharp reversal in the \u2018buy-to-flip\u2019 investor profile that dominated the city\u2019s two previous property cycles. Indeed, our data has revealed that 55 per cent of global HNWIs are keen to purchase real estate in Dubai for personal reasons, be it a holiday home, a second home, or indeed a main residence.\u201d<\/p>\n\n\n\n According to Durrani, 83 per cent of global HNWIs are interested in purchasing land in Dubai to build their own home. \u201cThis appetite is high almost irrespective of nationality. Dubai has matured quickly throughout this property cycle and this is clearly evidenced by the desire of potential global HNWI home buyers to settle in the city.\u201d<\/p>\n\n\n\n Knight Frank estimates that the ultra-rich are poised to inject $10.3 billion into Dubai\u2019s residential market. This projection is based on a survey of 387 HNWIs from India, Saudi Arabia, the UK, and East Asia (China, Hong Kong, and Singapore), each with an average net worth of $22 million.<\/p>\n\n\n\n UAE\u2019s residential market is especially attractive to regional and global investors. Among Saudi HNWIs, 79 per cent target the UAE for residential purchases, followed by East Asians (68 per cent) and UK buyers (67 per cent). Branded residences are the second-most preferred segment, attracting 49 per cent of survey respondents.<\/p>\n\n\n\n Overall, 71 per cent of global HNWIs identified Dubai as their preferred emirate for real estate investment. That preference was highest among Saudis (80 per cent), followed by British (74 per cent), Indians (69 per cent), and East Asians (61 per cent).<\/p>\n\n\n\n \u201cThe depth of demand from these nationalities is also reflective of our own market experience,\u201d said Will McKintosh, Regional Partner and Head of Residential, Mena at Knight Frank. \u201cDuring 2024, Saudi, Indian and British nationals accounted for just over 50 per cent of homes sold by Knight Frank in Dubai.\u201d<\/p>\n\n\n\n KT Graphic: Raja Choudhury<\/p>\n\n\n\n \u0627\u0644\u0645\u0635\u062f\u0631: \u062c\u0631\u064a\u062f\u0629 \u0627\u0644\u062e\u0644\u064a\u062c<\/strong><\/p>\n\n\n\n Published: 21 May 2025<\/strong><\/p>\n\n\n\n <\/p>","protected":false},"excerpt":{"rendered":" Property consultancy Knight Frank told Khaleej Times that Dubai currently has 150 homes priced above Dh100 million on the market Dubai continues to be the most sought-after address for\u00a0luxury real estate,\u00a0with high-net-worth individuals (HNWIs) allocating increasingly higher budgets\u00a0to purchase homes in the city. According to the 2025 edition of the\u00a0Destination Dubai\u00a0report by global property consultancy […]<\/p>","protected":false},"author":7,"featured_media":28452,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[962,2439,2440,946,2441],"class_list":["post-28450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dubai-luxury-real-estate","tag-high-end-property-dubai","tag-luxury-homes-budget","tag-real-estate-investment","tag-wealthy-buyers-dubai"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/posts\/28450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/comments?post=28450"}],"version-history":[{"count":0,"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/posts\/28450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/media\/28452"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/media?parent=28450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/categories?post=28450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/ar\/wp-json\/wp\/v2\/tags?post=28450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"KT](\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-05-20\/2jev0y8n\/million_home.jpg?width=1200&format=auto\")
<\/figure>\n\n\n\n$10.3-billion future<\/h3>\n\n\n\n
![\"KT](\"https:\/\/imgengine.khaleejtimes.com\/khaleejtimes-english\/2025-05-20\/a1tk2tse\/REAl_estate.jpg?width=1200&format=auto\")
<\/p>\n\n\n\n