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Evening Standard
Evening Standard
Business
India Block

£100 million down: Why are billionaire buyers snubbing London's mega-mansions for Dubai?

London Dubai Donald Trump Beauchamp Estates

London’s ultra-prime property market is having its lunch eaten by Dubai, according to a new wealth report by Beauchamp Estates.

There were £731 million worth of deals agreed for homes priced above £15 million in Prime Central London (PCL) in the first six months of 2024, the estate agency’s Billionaire Buyers in London survey found.

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