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Rise in Luxury Property Prices in Dubai and Manila Defies Global Trends: Knight Frank Report

Rise in Luxury Property Prices in Dubai and Manila Defies Global Trends: Knight Frank Report

Knight Frank's latest report highlights a notable trend in the luxury residential property market, with prices continuing to rise in 2023 despite declining trends in other major cities like New York and London. According to the report released on Wednesday, luxury property prices globally experienced a 3.1% increase, fueled by double-digit gains in cities such as Manila and Dubai, which offset declines...

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