Market hots up for ritzy Dubai villas

The luxury end of the market has come alive in a city that became a haven for wealthy Europeans escaping repeated lockdowns at home

02 May 2021 - 00:03 By

Wealthy home buyers fleeing virus lockdowns for Dubai are finding bargains aplenty, turning March into the busiest month yet for the emirate's top-end residential properties.

A record 84 properties, each worth $2.7m (R38.8m) or more, changed hands last month, according to data from real estate consultant Property Monitor. In total, Dubai's priciest homes fetched 1.7-billion dirhams (R6.66bn) in March...

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