China–UAE News
Hong Kong Narrows Gap with Dubai in Ultra-Luxury Property Market in Q2
Dubai registered 131 sales of homes priced at US$10 million or above in Q2 2026, totaling US$2.17 billion, reflecting a 27 percent decline from the prior quarter. Knight Frank data reported by BriefAsia shows Hong Kong significantly narrowed the transaction gap with Dubai during the same period. The change comes as geopolitical tensions affect Middle East market sentiment and buyers diversify holdings into Asia.
