Dubai’s luxury real estate segment is powering ahead—2024 marked the fourth year in a row of growth in both transaction volumes and capital values, according to Savills’ debut Dubai Prime Residential Report. Despite 93% of transactions still being under AED 5 million, the ultra-prime market has exploded: sales of properties priced above AED 10 million skyrocketed from 469 in 2020 to 4,670 in 2024....