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Luxury real estate business booming in Dubai: report

Christie’s International Real Estate Dubai saw a sales volume of AED 179.4 billion during the first half of 2023, or $48.85 billion by current exchange. Image credit: Christie's Christie's International's latest report asserts that local markets are being supported by the migration preferences of growing affluent populations. Image credit: Christie's International

 

A new report suggests that, amid a cross-category luxury “cooling,” certain real estate markets are thriving.