Marrakech ranks 80th globally in terms of residential real estate prices

Marrakech ranked 80th in the world in terms of the increase in the prices of luxury residential real estate, by 44.2%, ahead of the American city of Aspen (0.8%), according to the wealth report issued by the international consulting company Knight Frank for the year 2023.
The Emirate of Dubai ranked first in the world in terms of the increase in the prices of luxury residential real estate, by 44.2%, ahead of the American city of Aspen (27.6%), Riyadh (25%), Tokyo (22.8%), and Miami (21.6%). %), and the premium residential real estate market in Dubai ranked fourth among the most active markets in the world, as Knight Frank identified the distinguished residential areas in Dubai as the Palm Jumeirah, Emirates Hills and Jumeirah Bay Island.
The Knight Frank report revealed that Dubai ranked fourth in the world with 219 real estate sales exceeding $10 million in 2022, with a total of $3.8 billion (13.9 billion dirhams), after New York (244 sales), Los Angeles (225 sales) and London (225 sales). 223 sales).