D
ubai, Palm Beach, and Miami Drive Super-Prime Real Estate Growth

    Global super-prime real estate transactions surged in Q1 2025, with a 6% increase in deals and total value to $9.43 billion. Knight Frank's data shows that 527 super-prime deals closed during the quarter, up from 498 in Q1 2024.

    Dubai led the market for the fifth consecutive quarter, with 111 deals worth $1.9 billion. The Emirate's tax advantages and global connectivity continue to attract ultra-high-net-worth individuals (UHNWIs). South Florida emerged as a standout performer, with Palm Beach recording 74 deals ($1.35 billion) and Miami logging 58 sales worth $1.29 billion.

    New York remained a key player in the Western market, with 75 super-prime sales totaling $1.41 billion. In contrast, Asia and Europe posted mixed results, with Hong Kong seeing a sharp year-on-year decline and London softening due to seasonal slowdowns and shifting local policies.

    Over the past 12 months, global super-prime sales reached 2,055 deals, with Dubai leading the annual leaderboard for the second consecutive year. Knight Frank's Liam Bailey notes that the super-prime market has "hit a new gear" in 2025, driven by rising global wealth and lifestyle migration. However, buyers and developers will need to navigate headwinds including interest rate volatility and policy interventions.