Dubai is poised to become the world’s premier luxury market by 2025, as the city, along with Seoul and Manila, has driven prime residential prices across 44 global cities in 2024, according to recent property market forecasts.
In Knight Frank’s global prime cities index, Dubai secured third place, with its luxury real estate market experiencing a remarkable 16.9 per cent increase in 2024. Seoul topped the index with an impressive 18.4 per cent growth, followed closely by Manila at 17.9 per cent.
