It can be difficult to find out where you want to buy your next real estate. Whether you buy investment real estate to rent out and make a profit, or look for your dream house, knowing where to look for is half the battle.
Nowadays, if you are looking for cities that are famous for expensive real estate, Dubai appears past cities such as Hong Kong, New York and London.
Known for its luxurious properties and record -breaking transactions. But how do the city measure on the list of the world’s most expensive real estate markets?
The absolute giants of all time: the most expensive cities
In real estate, SOM cities tend to claim the top spots on the lists of the most expensive markets year after year. These Goldmine cities have long enjoyed a reputation for luxury, prestige and eye-water prize cards:
- Hong Kong: Often considered the most expensive real estate market on the planet, the ownership shights of Hong Kong number 1. Even small apartments can run millions and the space is absolutely premium.
- New York City: From penthouses with a view of Central Park to Brooklyn Brownstones, the NYC market is one of the most diverse and most expensive. Stis Global Centers who guarantee the question is towering.
- London: A series of timeless images and ultramodern developments have London every time. Neighborhoods such as Kensington and Mayfair are almost synonymous with wealth.
These cities have had the luxury real estate gold for decades, but Dubai Comes quickly on the list and proves that luxury and progress can go hand in hand.
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Dubai’s real estate market: a rising star
In the world of real estate, saying that “you get what you pay” applies in the most expensive cities in the world.
Sub Worldwide Hotspots have expressed the scene for the luxury they offer and the breathing possession costs within their real estate market.
These cities set the standard for stylish life – assuming that you have the money, of course.
But if you think of Dubai as a city to invest in, and you want to know more about it, so you make Souto that you are on the right track, here they are referred to help you decide.
According to Gulf Business, Sydney and Dubai, BOE in the first place in 2024, stimulated by Ajasses in their high -net -value populations.
The Dubai real estate market is expected to experience continuous growth in 2025, with residential real estate prices expecting to increase between 5% and 10%.
This growth is driven by a strong demand for off-plan properties and the strategic initiatives of the city to attract worldwide talent and investments.
In terms of supply, the market anticipates an increase of approximately 182,000 housing units above 2025 and 2026, such as many property prior to the completion of previous years. This includes an expected units of 76,000 units in 2025.
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All this corresponds to a recently weaker sentiment connected to increased interst rates and a challenging economic climate that is predicted to bring prize decreases to primal housing markets in Los Angeles, New York, San Francisco, Seoul, London, Singapore and Hong Kong.
Why Dubai stands out
According to a recent report from Knight Frank, a worldwide collective authority in real estate insights and statistics, their data emphasizes the fact that Dubai has unique offers.
The tax -free benefits and high rental yields make it a striking choice between the highly requested real estate markets in the world, with high -quality sale of real estate to the demand abroad.
In addition to what I have already mentioned, real drivers contain reasons such as:
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- Amwerted Architectural: Dubai Reprre luxury and creativity with record -breaking structures such as the Burj Khalifa and the man made by man Jumeirah.
- Tax -free benefits: Unlike cities such as London and New York, Dubai offers tax -free stimuli, making it one of the best markets for investments in real estate.
- Lifestyle Appeal: Dubai is on the 12th glory in the worldwide power and lifestyle report by Julius Baer, since the ‘costs of living’ remain competitive in relativley compared to large worldwide cities together with sunshine all year round.
- Strategic location: In the intersection of Asia, Africa and Europe, which connect East and West, Dubai’s accessibility contributes to the appeal to international investments.
The numbers don’t lie: Dubai shines here
Here are price growth and comparisons with other markets:
- Rental growth: The Dubai real estate market has exceptional resilience and shows growth that moved 2025.
In the same quarter of 2024, the city remembered its highest quarterly sales performance in history above AED 142.7 billion. This increased is due to the increasing demand of domestic and foreign investors.
Dubai is expected 5% increase In excellent real estate prices in 2025, while other cities such as Singapore (0%)” Hong Kong (0%)” Miami (0%)” Sydney (+1%)” London (+2%)” Paris (+2.5%)” Geneva (+3%)” New York (+3%)And Los Angeles (-2%) Will experience varied growth trends.
- Yield: Yield: Knight Frank reports that Prime residential properties in Dubai offer a yield of approximately 4.8%, combed up to a global average of 3.0%.
- Transaction costs: Knight Frank notes that the total costs related to buying, keeping and selling real estate in Dubai are less than 10% of the purchase price, while other large cities can have 15% transaction costs.
- Government initiatives: The Golden Visa program of Dubai offers investors at 10 years residence who deposits at least 2 million (about $ 545,000) into an accredited of the investment fund.
The US EB-5 Immigrant Investor Program, on the other hand, requires a minimum investment of $ 1.05 million in a new commercial company. The now closed Tier 1 (investor) visa of the VK required a minimum investment of £ 2 million (around $ 2.6 million).
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Ending thoughts
Although Dubai may not correspond to the price per square base of markets such as Hong Kong or New York, it has jumped on the ladder and is now present at the most expensive real estate markets.
It is generally known for its investor -friendly police, tax -free real estate -free, low transaction costs and simple processions for foreign investors.
In addition, when you compare the costs of buying, keeping and selling real estate, the transaction costs of Dubai below 10% are a relief compared to the 15%+ that is seen in other top cities.
For investors looking for growth and return without heaven-high overhead costs, Dubai offers Golden Middle Ground-Luxury, value and opportunities all wrapped in one dynamic package.
Explore Dubai with familiar real estate partners
So if you are ready to invest in one of the world’s must -exciting real estate markets, Watch Developments And Look in the estate Are here to help.
At MIRA developments we offer a portfolio of premium, design-driven properties, made for those looking for luxury and long-term value.
And with Look in the estateOur expert real estate advisory team helps you to navigate Dubai’s Dynamic Property Landscape – from selecting the right project by top developers to completing your transaction with full confidence.
Dubai is an opportunity. Are you ready to be it?
