- Prime Dubai real estate surged 70.3% 12 months to September
- Represents highest growth among all of the surveyed countries
- Source – Knight Frank Global Index (tracks top 5% of homes by value) – compares to just 2.5% in London
- Dubai continues to grow while most of the rest of the world enters a property slowdown
- Mukesh Ambani revealed as buyer of AED 600 million villa
- Indian billionaire purchases second Palm Villa on the N Frond – previous purchase was AED 280 million
- Pound recovers slightly as Liz Truss resigns and Rishi Sunak is favourite
- But it is still near all-time lows at 4.15 AED, so is still a good time to sell and convert money back home