EconomyHong Kong closes gap with Dubai in ‘super-prime’ property sales amid Iran war

Hong Kong has sharply narrowed Dubai’s lead in global super-prime residential property sales in recent months as the conflict weighs on Middle East activity, Knight Frank says. Dubai remained first in the second quarter with 131 sales of homes priced at US$10 million or more, worth US$2.17 billion in total, though that value fell 27% from the previous quarter.

Hong Kong propertyDubai propertysuper-prime homesIran war

SSouth China Morning Post★★☆☆☆2026-09-25 01:00Original