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- Property prices in Dubai are lower when compared to major cities
Property prices in Dubai are lower by 20-80% when compared to major cities.
According to the consulting group, Knight Frank, in Dubai for $1 million you can have 105m². For comparison:
- Monaco – 17m²
- Hong Kong – 21m²
- New York – 33m²
- London – 34m²
Earlier, Knight Frank predicted a 13.5% increase in prices for luxury real estate in Dubai in 2023.
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