The WPJ

United Arab Emirates

Dubai, Palm Beach and Miami Lead World's Super Luxury Home Sales

Based on new data from global property consultant Knight Frank, 463 sales of properties valued at $10 million or more were recorded in the three months leading up to June 2024 across 11 key markets. This figure is slightly lower than the 476 sales recorded in the previous quarter.

Global Edge Data Center Market to Hit $300 Billion by 2026

Real estate consulting firm JLL predicts a significant increase in data-dependent technologies like the Internet of Things (IoT) and generative artificial intelligence (AI) will drive the need for robust IT infrastructure, particularly in the form of edge data centers.

Global Home Price Growth Accelerates in 2024

Based on new data from Knight Frank, global housing markets continued to see stronger growth in the first quarter of 2024, with annual growth across the 56 markets we cover reaching 3.6%.

Super Luxury Home Sales Worldwide Down 12 Percent Annually in Q1

According to new data from Knight Frank, there were 426 sales of properties valued at over $10 million in the first three months of 2024 across 11 tracked markets. This is an increase from the 365 sales in the previous quarter but represents a 11.6% annual decrease compared to the 482 sales in Q1 2023.

United Arab Emirates Property News












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