Average prices for residential real estate

Average prices for residential real estate

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  • Average prices for residential real estate 10-15 minutes from the metro in Dubai increased

Average prices for residential real estate 10-15 minutes from the metro in Dubai increased by 44%

– From Q1 2010 to Q4 2022. According to global real estate consultancy, CBRE. At the same time, the increase in prices:

  • 0-5 minutes to metro – by 35.8%
  • 5-10 minutes to metro – by 0.2%

The largest price increases from areas within 15 minutes from the metro showed:

  • Barsha Heights – 77%
  • JBR – 50.1%
  • Downtown Dubai – 47.4%
  • Dubai Marina – 33.1%

Dubai entered the TOP 20 cities, where the richest people in the world live in 2022

According consulting firm, Henley & Partners, leaders in the number of dollar millionaires:

  • New York – 340,000
  • Tokyo – 290,300
  • San Francisco – 285,000

Earlier it was reported that the number of HNWIs, people with a fortune of more than $1 million, in Dubai increased by 18%.

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