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April 26, 2024
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Real estate

Luxury real estate business booming in Dubai: report

August 29, 2023

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

 

By Emily Iris Degn

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

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  1. 42pc of American luxury shoppers buying high-end items as 'rewards': YouGov
  2. Mercedes-Benz adds celebrity touch to G-Class rollout
  3. La Mer appoints first male brand ambassador
  4. Six Senses wins top 2024 Positive Luxury Award
  5. Double-digit growth streak continues at Hermès
  6. Ferrari forges racing partnership with HP
  7. YSL Beauty adds Bahamas, Colombia to rewilding project scope
  8. Porsche named official electric vehicle of 2024 Met Gala
  9. Prada Group sees first quarter sales rise 16pc
  10. Tod’s unveils ‘Art of Craftsmanship’ exhibition at Venice Biennale
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