Uploaded June 2024 | Updated September 2026, 3 weeks ago

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Faisal Durrani, Partner and Head of Research, MENA, talks about the appetite and aspirations of the HNWI community towards a property purchase in Dubai.

He highlights Dubai’s pole position for the most preferred emirate in the UAE for a real estate acquisition for global HNWI. The figure this year stands at 73%, up from 67% during 2023.

Faisal noted that the average budget for ultra-high-net-worth-individuals considering a Dubai property purchase. 25% are prepared to spend between US$ 60-80 million on a home in the city. Meanwhile, the average budget for this exclusive cohort stands at US$ 58.5 million.

For more insights download Destination Dubai 2024: https://www.knightfrank.ae/destinationdubai2024

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