Dubai has solidified its position as the world's most active market for ultra-luxury real estate, recording $10 billion in investments in 2024. According to Knight Frank's 2025 Destination Dubai report, the emirate saw 435 residential sales exceeding $10 million last year, surpassing the combined totals of London and New York.

The momentum continued into 2025, with 111 ultra-luxury homes sold in the first quarter alone—the highest number ever recorded for this period. Knight Frank's survey of 387 high-net-worth individuals (HNWIs) from India, Saudi Arabia, the UK, and East Asia revealed that $10.3 billion of private capital is targeting Dubai's residential market.

Dubai's appeal is further underscored by its ranking as the top destination for real estate acquisition among HNWIs from Saudi Arabia (80%), the UK (74%), India (69%), and East Asia (61%). Branded residences and prime office spaces also emerged as highly sought-after sectors, reflecting the emirate's diversified luxury property offerings.

This surge in investment and sustained demand highlight Dubai's growing prominence as a global hub for luxury real estate, attracting affluent investors seeking premium properties and robust returns.