When it comes to luxury real estate, Dubai led the global luxury real estate market with the most property sales. In the first quarter of 2023, over 300 sales of properties valued above 10 million U.S. dollars took place in Dubai. New York followed closely with 302 transactions, while London took the third place with 282 transactions. The market experienced a downturn after the first quarter of 2022, with worldwide sales gradually declining in the subsequent quarters of 2022. A recovery was observed in the first quarter 2023, with 417 property sales.
Number of sales of luxury residential properties valued at over 10 million U.S. dollars worldwide from 1st quarter 2022 to 1st quarter 2023, by city
Characteristic
Dubai
Geneva
Hong Kong
London
Los Angeles
Miami
New York
Orange County
Palm Beach
Paris
Singapore
Sydney
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Knight Frank. (July 3, 2023). Number of sales of luxury residential properties valued at over 10 million U.S. dollars worldwide from 1st quarter 2022 to 1st quarter 2023, by city [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1414790/cities-with-the-most-luxury-residential-property-sales/
Knight Frank. "Number of sales of luxury residential properties valued at over 10 million U.S. dollars worldwide from 1st quarter 2022 to 1st quarter 2023, by city." Chart. July 3, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1414790/cities-with-the-most-luxury-residential-property-sales/
Knight Frank. (2023). Number of sales of luxury residential properties valued at over 10 million U.S. dollars worldwide from 1st quarter 2022 to 1st quarter 2023, by city. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1414790/cities-with-the-most-luxury-residential-property-sales/
Knight Frank. "Number of Sales of Luxury Residential Properties Valued at over 10 Million U.S. Dollars Worldwide from 1st Quarter 2022 to 1st Quarter 2023, by City." Statista, Statista Inc., 3 Jul 2023, https://www.statista.com/statistics/1414790/cities-with-the-most-luxury-residential-property-sales/
Knight Frank, Number of sales of luxury residential properties valued at over 10 million U.S. dollars worldwide from 1st quarter 2022 to 1st quarter 2023, by city Statista, https://www.statista.com/statistics/1414790/cities-with-the-most-luxury-residential-property-sales/ (last visited July 22, 2024)
Number of sales of luxury residential properties valued at over 10 million U.S. dollars worldwide from 1st quarter 2022 to 1st quarter 2023, by city [Graph], Knight Frank, July 3, 2023. [Online]. Available: https://www.statista.com/statistics/1414790/cities-with-the-most-luxury-residential-property-sales/
