Super-prime sales slide in key HNW hubs as politics, taxes & tight supply bite
Survey of 12 global markets shows a 21% Q3 drop in $10mn-plus deals - led by sharper falls in New York and London - but the overall 12-month tally is still the strongest since 2021.
Global super-prime sales slowing but still above pre-pandemic levels
Dubai's US$10mn-plus market continues to lead the pack, but London and New York are still seeing healthy volumes, reports Knight Frank.
Dubai’s super-prime market smashes US$2bn in Q3 sales, up 54% year-on-year
Surging demand at the very top end keeps the emirate on track for another record-breaking year, reports Knight Frank.
Dubai soars as global super-prime market ‘hits a new gear’
Knight Frank reports overall rise in $10mn property deals around the world, but ‘adverse taxation shifts’ take their toll in London.
Most read
‘Hundreds’ of luxury London flats set for sale after £2bn lender collapse
Around 250 property companies with assets across PCL now under administration.
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
Buyer secures Dubai’s third most expensive apartment
The big-ticket off-plan deal comes amid escalating regional tensions.
Savills buys major real estate investment bank Eastdil
The deal is one of the biggest in Savills' history.
London Square launches latest SW London scheme
Hot on the heels of projects in Battersea and Brook Green, the Aldar-owned firm has debuted a 123-home development in Wimbledon.
Westminster tightens construction rules for developers
Updated code introduces zero-emission machinery targets and stronger neighbour protections.
LATEST ARTICLES
Top-end Thames City penthouse sets new rental price record
9,000 sq ft spread lands long-let tenant, achieving highest rental value yet seen in Nine Elms.
DDRE reports £89mn in sales so far in 2026; boosts headcount to 55
Expanding PCL brokerage chalks up big-ticket deals and lands first resi development instruction.
Buyer swoops on £19.95mn apartment at The OWO
Deal agreed in just seven days for Raffles-serviced residence at landmark Whitehall scheme.
In Pictures: Entire Irish village hits the market, seeking €20mn
The historic 'working village' in County Kildare was restored by Ryanair's co-founder in the 1990s.
Fine & Country moves into Austria
Elisabeth Rohr-de Wolf has taken on the estate agent brand licence in Vienna.