Dubai remains top market for homes transacted for over US$10 mil: Knight Frank
Saudi Arabia and India HNWIs registered the best passion, with 66% and 41% of respondents suggesting an intention to purchase a UAE estate in 2025. For the UK and East Asia HNWIs evaluated, 17% of each associate indicated a possible UAE property acquisition this year.
According to the report, residential properties remain the major draw for international HNWI as contrasted to the industrial and retail segments. Additionally, Dubai stays the top target destination, with 71% of respondents calling Dubai as their preferred emirate.
In its most recent Destination Dubai statement, Knight Frank evaluated 387 international HNWI around the UK, India, Saudi Arabia and East Asia (China, Hong Kong and Singapore) to gauge their yearning for investing in United Arab Emirates real estate. Over fifty percent of the respondents (52%) indicated they want buying real estate in the UAE.
Zyon Grand City Developments Limited (CDL) and Mitsui Fudosan
“The super-rich continue to be laser-focused on buying luxury houses in the city, and this relentless demand has been a significant factor of Dubai being the globe’s busiest US$ 10 million+ homes market for the 2nd year running,” states Shehzad Jamal, partner for strategy and consultancy at Knight Frank MENA (Middle East and North Africa).
At the same time, Dubai stays the industry’s busiest local market available of homes priced over US$ 10 million, the record states. in 2025, a sum of 435 deals in this bracket were reported in Dubai, nearly equating to the number of such deals registered in London and New York incorporated. In Between January and March this year, 111 residences were offered for over US$ 10 million in Dubai.
The stable appeal has boosted activity in Dubai’s housing market, that registered record housing sales of approximately 170,000 homes last year worth a total of US$ 100 billion, claims Knight Frank. That momentum has actually carried over right into this year, with AED100 billion ($35 billion) in home sales already achieved as of March 4. Dubai real estate prices have also kept on to increase, surging 19.1% in 2024 to hit approximately AED1,685 psf.
Knight Frank adds that among the East Asia HNWIs, those in Hong Kong showed the strongest appetite, with 22% of participants signifying the intention to get UAE real estate in 2025.
“As we have actually found in our research in previous years and matching the expertise of our teams, the strongest appetite for a property purchase in the UAE comes from those with the most assets and is a testimony to the success of the government’s programmes to strengthen the emirate’s look as a location for the world’s affluent to reside and invest in,” claims Faisal Durrani, associate and head of research for Knight Frank MENA.
Complying with strong action in 2024, the Dubai realty market is expected to continue attracting interest from amongst the well-off. According to a research study report by real estate consultancy Knight Frank, high-net-worth individuals (HWNIs) surveyed around the world have shown enthusiasm in acquiring a real property in Dubai, with an approximated US$ 10.3 billion ($13 billion) in private capital possibly being directed towards the emirate’s residential market.
