{"id":59337,"date":"2023-09-19T10:46:24","date_gmt":"2023-09-19T07:46:24","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=59337"},"modified":"2023-09-19T10:46:24","modified_gmt":"2023-09-19T07:46:24","slug":"%d8%b9%d9%82%d8%a7%d8%b1%d8%a7%d8%aa-%d8%af%d8%a8%d9%8a-%d8%aa%d8%aa%d8%b5%d8%af%d8%b1-%d9%85%d8%a8%d9%8a%d8%b9%d8%a7%d8%aa-%d8%a7%d9%84%d9%85%d9%86%d8%a7%d8%b2%d9%84-%d8%a7%d9%84%d9%81%d8%a7%d8%ae","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/59337\/","title":{"rendered":"Dubai real estate tops global luxury home sales, New York in second place"},"content":{"rendered":"<p>Topped <span style=\"color: #800000;\"><strong>real estate <a style=\"color: #800000;\" href=\"https:\/\/amlak.net.sa\/en\/?s=%D8%AF%D8%A8%D9%8A\">Dubai<\/a> <\/strong><\/span>List of the world's top cities by sales volume of luxury homes valued at over $10 million in the second quarter, with a year-over-year total of approximately $1.6 billion, up from $797 million in the same period last year.<\/p>\n<p>According to a report by the real estate consulting firm \u201cKnight Frank,\u201d New York ranked second with sales of $1.1 billion in the second quarter, followed by London in third place with $1 billion.<\/p>\n<p>According to the company's data, sales of residential properties valued at more than $10 million fell by 13% during the second quarter compared to the same period last year, as rising borrowing costs around the world impacted the market.<\/p>\n<p>Total sales for the 12 months ending in June also fell to less than $30 billion, down from $40.7 billion in 2021, but remained higher than the pre-pandemic level of $18.6 billion in 2019.<\/p>\n<p>According to Bloomberg, Liam Bailey, head of global research at Knight Frank, said that next year most markets may experience a shortage of supply that will affect sales, explaining that the lack of new development\u2014which began between 2020 and 2022\u2014means that next year will see a decline in new completions, leading to increased competition for available inventory.<\/p>\n<h4><span style=\"color: #800000;\">real estate <strong><a style=\"color: #800000;\" href=\"https:\/\/amlak.net.sa\/en\/?s=%D8%AF%D8%A8%D9%8A\">Dubai<\/a><\/strong><\/span><\/h4>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>Dubai Real Estate topped the list of the world\u2019s leading cities in terms of sales volume for luxury homes valued at over $10 million in the second quarter, with a year-over-year total of approximately $1.6 billion, up from $797 million in the same period last year. According to a report by real estate consultancy Knight Frank, New York ranked second in terms of volume\u2026 <a title=\"Dubai real estate tops global luxury home sales, New York in second place\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/59337\/\" aria-label=\"Read more about Dubai Real Estate Tops Global Luxury Home Sales... With New York in Second Place\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":55438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[100],"tags":[],"class_list":["post-59337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a.jpg",1280,720,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a-300x169.jpg",300,169,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a-768x432.jpg",768,432,true],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a.jpg",1280,720,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a.jpg",1280,720,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a.jpg",18,10,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a-1200x720.jpg",1200,720,true],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2023\/03\/\u062f\u0628\u064a.jpg",1280,720,false]},"author_info":{"info":["\u0623\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"<a href=\"https:\/\/amlak.net.sa\/en\/category\/markets\/residential\/\" rel=\"category tag\">\u0633\u0643\u0646\u064a<\/a>","tag_info":"\u0633\u0643\u0646\u064a","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/59337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=59337"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/59337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/55438"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=59337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=59337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=59337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}