 "dubai, luxury homes, luxury cars, lifestyle")
A record burst of sales in the priciest corners of the global property market may be ushering in a post-pandemic era of exuberance in real estate — with Dubai among the front-runners.
The West Asia business hub is the latest city to light up with what Knight Frank LLP called “a spectacular post-Covid rebound in luxury home sales.” In the first five months of the year, 22 homes worth more than $10 million found a buyer, the most since 2015 and up from a total of 19 last year.
Far from being an isolated hotspot, the emirate may mirror a pattern seen
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