Dubai remains top market for homes transacted for over US$10 mil: Knight Frank
Knight Frank includes that among the East Asia HNWIs, those in Hong Kong presented the greatest yearning, with 22% of respondents signifying the intention to get UAE real estate in 2025.
In its newest Location Dubai record, Knight Frank checked 387 worldwide HNWI around the UK, India, Saudi Arabia and East Asia (China, Hong Kong and Singapore) to assess their desire for investing in United Arab Emirates property. Over fifty percent of the respondents (52%) suggested they want acquiring real estate in the UAE.
According to the survey, residential properties stay the biggest draw for international HNWI as contrasted to the industrial and retail sectors. Furthermore, Dubai continues to be the top target place, with 71% of respondents calling Dubai as their chosen emirate.
“As we have actually found in our research study in previous years and matching the expertise of our teams, the strongest appetite for a property investment in the UAE comes from those with the largest assets and is a testimony to the success of the government’s programmes to reinforce the emirate’s look as an area for the entire world’s affluent to live and invest,” claims Faisal Durrani, affiliate and head of research study for Knight Frank MENA.
Saudi Arabia and India HNWIs registered the best interest, with 66% and 41% of participants suggesting a purpose to buy a UAE property in 2025. For the UK and East Asia HNWIs evaluated, 17% of each associate showed a potential UAE property investment this year.
At the same time, Dubai remains the world’s busiest local market up for sale of homes marked up over US$ 10 million, the report states. in 2025, a total of 435 deals in this bracket were recorded in Dubai, almost equating to the quantity of such deals logged in London and New York incorporated. In Between January and March this year, 111 houses were offered for over US$ 10 million in Dubai.
“The super-rich continue to be laser-focused on buying high-end properties in the city, and this unrelenting need has been a significant driver of Dubai being the globe’s busiest US$ 10 million+ homes market place for the 2nd year running,” says Shehzad Jamal, associate for strategy and consultancy at Knight Frank MENA (Middle East and North Africa).
The steady demand has boosted activity in Dubai’s non commercial market, which registered record residence sales of nearly 170,000 homes last year worth a total of US$ 100 billion, claims Knight Frank. That energy has carried over into this year, with AED100 billion ($35 billion) in home sales already reached since March 4. Dubai property prices have also persisted to rise, surging 19.1% in 2024 to hit approximately AED1,685 psf.
Complying with solid activity in 2024, the Dubai property market is anticipated to carry on attracting demand from among the wealthy. According to a study report by property consultancy Knight Frank, high-net-worth individuals (HWNIs) evaluated worldwide have actually shown enthusiasm in purchasing a real property in Dubai, with an estimated US$ 10.3 billion ($13 billion) in private capital potentially being channelled towards the emirate’s residential market.
