Dubai property buyers continue to set price records. The premium segment of housing is actively finding its owners. And if earlier mansions and villas worth over $50 million were considered quite expensive, now such figures will not surprise anyone. A good example was the sale of a house on the legendary Palm Jumeirah Island. The price of the apartment was $76.2 million. This is not the upper limit of the cost. One of the records was the sale of an apartment in a residential complex, the cost of which is $172 million.
Other districts are also not far behind. An apartment worth $172 million was sold in the famous Burj Khalifa Tower, an apartment in Marsa Dubai found its owner, who paid $85 million.
Not only ready-made apartments are in demand. Many buyers choose land plots for further construction. The latest records in this area were the sale of land in the area of the Burj Khalifa building for $45 million.
In total, in June 2022, sales of housing under construction increased by more than 46%. The demand for secondary housing increased by 24.4%. In general, a record number of homes were sold in the first half of the year. The last time such a rise in sales was observed in 2009, which indicates an increased interest of investors.
