This is where luxury property prices may rise and fall the most in 2023

Luxury property markets and unpredictable inflation are fuelling a shift within global cities - prime property in 2023 is facing dicey fluctuations worldwide.
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By Alice Kantor

The price of high-end Dubai properties is forecast to rise 13.5% next year, as booming interest from foreign buyers continues to turbocharge the market.

The sun-splashed business hub easily tops Knight Frank's ranking of prime residential price growth for 2023, with a forecast annual percentage change more than double that of the 5% gain predicted for prime Miami property, which took second place.

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