Revealed: where most luxury homes are being sold in Dubai
Established areas in Dubai still rank high on the radar of luxury property buyers, according to new research.
Although the sale of a AED90 million villa at District One in Mohammed Bin Rashid City is the costliest house purchase in Dubai so far this year, a closer look at property transactions valued over AED10 million shows that older areas still dominate sales in this segment.
According to statistics from Data Finder, the real estate data and insights platform under Property Finder Group, old favourites Downtown Dubai and Palm Jumeirah lead in terms of volume of apartment transactions valued above AED10 million from January to October.