Real Estate
The Rich Find Haven in Dubai, and Luxury Home-Sale Boom Ensues
Photographer: Francois Nel/Getty Images
This article is for subscribers only.
The wealthiest home buyers fleeing virus lockdowns for Dubai are still finding bargains aplenty, turning March into the busiest month ever for the emirate’s top-end residential properties.
A record 84 properties, each worth 10 million dirhams ($2.7 million) or more, changed hands last month, according to data from real estate consultant Property Monitor. In total, Dubai’s priciest homes fetched 1.7 billion dirhams in March.