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Number of sales of luxury residential properties valued at over 10 million U.S. dollars worldwide from 1st quarter 2022 to 1st quarter 2023, by city

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Source

Release date

2023

Region

Worldwide

Survey time period

Q1 2022 to Q1 2023

Special properties

properties valued at over 10 million U.S. dollars

Citation formats

Number of luxury residential property sales in cities worldwide Q1 2022-Q1 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 27, 2023

When it comes to luxury real estate, Dubai led the global luxury real estate market with the most property sales. In the first quarter of 2023, over *** sales of properties valued above ** million U.S. dollars took place in Dubai. New York followed closely with *** transactions, while London took the third place with *** transactions. The market experienced a downturn after the first quarter of 2022, with worldwide sales gradually declining in the subsequent quarters of 2022. A recovery was observed in the first quarter 2023, with *** property sales.

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