Global demand for ultra-luxury homes has remained strong despite a complex macroeconomic backdrop<\/p>\n\n\n\n
Dubai\u2019s luxury property market has been buoyed by rising demand from global investors.. Photo: KT file<\/p>\n\n\n\n
Dubai has reinforced its position as the world\u2019s most active super-prime residential market, maintaining its global lead in the number of $10 million-plus home sales in the second quarter of 2025, according to the latest Global Super-Prime Intelligence report from Knight Frank.<\/p>\n\n\n\n
The report shows that global demand for ultra-luxury homes has remained strong despite a complex macroeconomic backdrop, with the total number of super-prime transactions surging 19 per cent year-on-year to 590 deals in Q2 2025, compared with 497 in the same period last year. The total value of these transactions soared by 33 per cent to $11.8 billion, up from $8.9 billion a year earlier, reflecting robust appetite from high-net-worth individuals across major global cities.<\/p>\n\n\n\n
Dubai continued to dominate the global super-prime landscape, outpacing traditional powerhouses such as New York, London and Hong Kong in the number of transactions. The emirate\u2019s enduring appeal lies in its blend of strong economic fundamentals, tax advantages, world-class infrastructure and unmatched lifestyle offering. Dubai\u2019s luxury property market has been buoyed by rising demand from global investors seeking a safe haven for capital, coupled with an influx of wealthy entrepreneurs and family offices relocating to the UAE.<\/p>\n\n\n\n
\u201cDubai\u2019s position as the world\u2019s leading super-prime market is now firmly established,\u201d said Liam Bailey, Global Head of Research at Knight Frank. \u201cIts performance underscores the emirate\u2019s maturity as a wealth hub and its ability to attract global capital consistently, irrespective of market cycles.\u201d<\/p>\n\n\n\n
Knight Frank\u2019s data revealed that while Dubai led in deal count, New York reclaimed the top spot in total transaction value, recording the world\u2019s largest aggregate for $10 million-plus sales for the first time since late 2021. This was fuelled by strong activity in Manhattan\u2019s ultra-prime condominium sector and the resale market for trophy townhouses.<\/p>\n\n\n\n
Los Angeles staged a sharp rebound, notching its best quarterly performance since early 2021, driven by a wave of top-end single-family home sales in Beverly Hills and Malibu. Hong Kong, meanwhile, saw a solid recovery as both transaction volumes and values rose significantly year-on-year, signalling that pent-up demand remains resilient despite persistent economic and political challenges.<\/p>\n\n\n\n
Industry analysts attribute Dubai\u2019s sustained dominance to a confluence of favourable factors \u2014 including its investor-friendly policies, world-leading safety standards, year-round sunshine, and the continued inflow of wealthy expatriates and remote entrepreneurs drawn by its long-term residency programmes.<\/p>\n\n\n\n
Data from Knight Frank\u2019s earlier reports also show that Dubai accounted for roughly one in five global super-prime sales in 2024, with record-breaking transactions in exclusive areas such as Palm Jumeirah, Emirates Hills, Jumeirah Bay Island, and Dubai Hills Estate. Several properties sold for over $100 million, placing Dubai firmly alongside global icons like New York\u2019s Billionaires\u2019 Row and London\u2019s Mayfair.<\/p>\n\n\n\n
Property experts say the momentum is set to continue through the rest of 2025, supported by limited new supply in the ultra-luxury bracket and sustained inflows of private capital from Europe, Asia, and the Middle East. Developers are responding with a wave of new high-end projects targeting global elites \u2014 including branded residences, waterfront villas and penthouses that blend architectural distinction with privacy and concierge-style living.<\/p>\n\n\n\n
Bailey noted that while investors will need to navigate a more complex global environment marked by shifting interest rates and political uncertainty, the resilience of the super-prime market remains striking. \u201cDubai holds its lead, but New York\u2019s resurgence and strong rebounds in Los Angeles and Hong Kong highlight the depth and diversity of global demand. Looking ahead, momentum is expected to be sustained as ultra-wealthy buyers continue to diversify across markets offering value, stability and lifestyle appeal,\u201d he said.<\/p>\n\n\n\n
With global wealth creation accelerating and investor confidence rebounding, Dubai\u2019s ability to attract the world\u2019s richest buyers remains unrivalled \u2014 reaffirming its place as the beating heart of the world\u2019s super-prime property market<\/p>\n\n\n\n
Source: Khaleej Times<\/strong><\/p>\n\n\n\n Published: 6 October 2025<\/strong><\/p>\n\n\n\n <\/p>","protected":false},"excerpt":{"rendered":" Global demand for ultra-luxury homes has remained strong despite a complex macroeconomic backdrop Dubai\u2019s luxury property market has been buoyed by rising demand from global investors.. Photo: KT file Dubai has reinforced its position as the world\u2019s most active super-prime residential market, maintaining its global lead in the number of $10 million-plus home sales in […]<\/p>","protected":false},"author":7,"featured_media":33812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4751,4934,4935,4937,4936],"class_list":["post-33811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dubai-luxury-homes","tag-dubai-millionaire-lifestyle","tag-global-real-estate-leader","tag-high-end-property-market-2","tag-ultra-luxury-real-estate"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/33811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/comments?post=33811"}],"version-history":[{"count":1,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/33811\/revisions"}],"predecessor-version":[{"id":33813,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/posts\/33811\/revisions\/33813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/media\/33812"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/media?parent=33811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/categories?post=33811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/it\/wp-json\/wp\/v2\/tags?post=33811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}