22 luxury homes sold in Dubai worth 1.3 billion dirhams

A report by Knight Frank, a real estate research company, showed that the real estate market in Dubai completed 22 real estate deals in the luxury homes category during the first five months of this year, compared to eight homes in the same comparison period.

The report pointed out that the value of the total spending of the wealthy on buying luxury homes in Dubai increased by a large percentage during the first five months of this year, as it rose from 115 million dollars (422 million dirhams) to 358 million dollars (1.31 billion dirhams).

The report, which dealt with sales of these homes in a number of global capitals such as New York, Los Angeles, Singapore, Hong Kong, London and Sydney, indicated that the return to normal life in Dubai contributed to attracting more wealthy people to it, especially after the success of the vaccination process and its arrival to the vast majority. Of the population.

The report indicated that it classified these homes as those whose value exceeds 10 million dollars (36.7 million dirhams).

Follow our latest local and sports news and the latest political and economic developments via Google news