The sale of USD 10 million home reaches a new record as the ultra-prime property segment soars

Dubai set a record last year with its sales of houses valued at $10 million or more. A total of 93 ultra-prime homes were sold in 2021, more than the previous five years combined, according to global property consultancy Knight Frank. 2021 accounted for 39 percent of all $10 million home sales in Dubai since 2010. Dubai’s residential market saw over 52,000 apartment and villa transactions in 2021,...

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