Dubai Ranked Fourth Among The Cities In The World, Where The Largest Number Of Luxury Real Estate Was Sold
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Dubai ranked fourth among the cities in the world, where the largest number of luxury real estate was sold in 2022.
According to the consulting group, Knight Frank:
1. New York – 244 sales
2. Los Angeles - 225 sales
3. London – 223 sales
219 homes with $10 million plus price tags were sold in Dubai.
The UAE is the most popular country for expats, according to a survey by one of the world's largest banks, HSBC.
The main reasons for choosing the UAE:
Increased earnings – 36%
Family stability – 34%
Making money go further – 37%
Improved quality of life – 30%
Flydubai announced a net profit growth to $327 million in 2022.
This is 43% more than in 2021.
Compared to 2021, revenues climbed by 75% to $2.5 billion.
The airline carried 10.6 million passengers in 2022 – up 89% from 2021.