The sale of properties with a value of over Dh5 million and Dh10 million reached a record level but overall sales in the prime and super-prime segments dropped last year.
According to real estate consultancy CBRE, properties with a value of over Dh5 million and Dh10 million saw 10,296 and 3,806 transactions, respectively, in 2023.
This represents an increase of 54.5 per cent and 68.4 per cent, respectively.
It said off-plan sales accounted…