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This Is Where Luxury Property Prices May Rise and Fall the Most in 2023

Dubai tops Miami, Dublin and Lisbon in prime property price rise forecast.

A telecommunications antenna, rigged to look like a palm tree, in front of residential villas on the waterside of the Palm Jumeirah in Dubai, United Arab Emirates, on Wednesday, Sept. 28, 2022. The emirate’s prime real-estate prices surged 70.3% over the 12 months through September, making it the biggest gainer on Knight Frank’s global index, which focuses on a city’s most desirable and expensive homes.
A telecommunications antenna, rigged to look like a palm tree, in front of residential villas on the waterside of the Palm Jumeirah in Dubai, United Arab Emirates, on Wednesday, Sept. 28, 2022. The emirate’s prime real-estate prices surged 70.3% over the 12 months through September, making it the biggest gainer on Knight Frank’s global index, which focuses on a city’s most desirable and expensive homes.
(Bloomberg) -- The price of high-end Dubai properties is forecast to rise 13.5% next year, as booming interest from foreign buyers continues to turbocharge the market.
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