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In 2023, there was a surge in the sales of premium and luxury properties in Dubai, reaching unprecedented levels.

As per CBRE, a leading commercial real estate services company, prime properties valued at over $1.36 million and super-prime properties exceeding $2.7 million witnessed record-breaking sales in Dubai during 2023. Comparing average prices in Q4 2023 to Q4 2022, prime properties experienced a notable 22.5% increase, while super-prime properties saw a 20.4% rise. Anticipated for 2024 is a continued robust growth in prices within these segments.