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...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.