Luxury sales over $10 million: global ranking
Dubai, Hong Kong, New York, Miami, Singapore, or London: in which major destinations are the most homes actually sold for over $10 million? The latest data allows us to measure the depth of the global super-prime market, far beyond just record sales.
A record price is impressive. Repeated sales reveal a market.
A villa sold for $100 million or a penthouse for $200 million is enough to make headlines. But to measure the true power of an ultra-luxury real estate market, another metric is often more instructive: how many properties exceeding $10 million actually change hands?
Knight Frank tracks residential sales exceeding US$10 million in twelve major international markets.
In the second quarter of 2026, the firm counted 572, representing a cumulative value of $10.515 billion.
The number of sales declined by 7% compared to the revised first quarter and by 6% year-over-year. However, the average transaction price rose to $18.4 million, compared to approximately $17.9 million in the previous quarter.
Where are the most properties sold for over $10 million?
The ranking below is based solely on the number of residential transactions reaching or exceeding the $10 million threshold between April and June 2026. The right-hand column also indicates the total value traded in each market.
Dubai remains number one, but the market is rebalancing
Despite a 21% decrease compared to the first quarter, Dubai retains first place in number of transactions and cumulative value.
The 93 sales for the quarter represent a 75% increase compared to Q2 2025. The market is regaining a depth it had lost after the pandemic.
Transactions are up 56% compared to the previous quarter, making Miami one of the most dynamic markets in spring 2026.
The market reached 45 sales, up 7% over the quarter, for a cumulative value of $715 million.
London ranks only seventh in terms of sales volume, but reaches $1.434 billion in value, the third highest global total for the quarter.
Paris closes the ranking with only three transactions. This does not mean that Paris is cheap: the super-prime market there is simply much less liquid.
The ranking changes when you look at billions of dollars
Counting sales measures market depth. Adding up their value reveals something else: the average level of transactions and the possible presence of exceptionally expensive trophy properties.
Dubai also dominates when quarterly effects are smoothed
A single three-month period can be influenced by the timing of a few signatures. A rolling twelve-month period provides a more robust measure of the structural depth of markets.
Dubai
$9.663 billion traded over the twelve months ending in June 2026.
Hong Kong
$6.114 billion, confirming the spectacular recovery of Hong Kong's super-prime market.
new York
$4.947 billion in sales exceeding $10 million.
Los Angeles
$3.675 billion, driven in particular by the very large houses.
London
$3.698 billion: almost as much value as Los Angeles with far fewer sales.
Singapore
$2.541 billion over the last twelve months.
Miami
$2.592 billion, in a very dynamic US market.
Sydney
$2.357 billion, which is more sales than in any full year since 2022.
A very expensive city is not necessarily a great super-prime market
Monaco may have higher values per square meter than Dubai, without achieving the same number of sales above $10 million each quarter.
In smaller markets, a single trophy property worth $50 or $100 million can dramatically alter the average quarterly value.
Markets that can regularly offer new villas, penthouses or residences above $10 million can support more transactions.
Taxation, taxes on foreign buyers, visas, property rules and financial constraints can rapidly shift international flows.
New York, Miami, Los Angeles and Dubai benefit from large pools of wealth capable of supplying the super-prime market.
The delivery or marketing of large ultra-luxury programs can concentrate many sales over a relatively short period.
Eight markets analyzed in detail by Charming Properties
The overall ranking provides a general overview. Our specialized reports then delve into significant transactions, ultra-prime neighborhoods, and the unique characteristics of each destination.
Price, purchasing power and market depth
Four ways to measure global luxury real estate
Purchasing power, super-prime transactions, micro-markets and rising values: four complementary perspectives on international luxury residential real estate.
Twenty markets compared with the same budget reference.
Current article 02 · Super-prime Luxury sales over $10 million: global rankingNumber of sales, cumulative value and depth of the main markets.
03 · Micro-markets The most expensive neighborhoods in the worldThe addresses that concentrate the highest real estate values.
04 · Evolution The luxury real estate markets that have seen the most growthFive years of transformation of major international destinations.
Search for or list a luxury property
Propriétés De Charme is an independent portal dedicated to character, luxury and prestige properties in France and internationally.
A ranking based on actually recorded sales
Sources verified on October 9, 2026.The main data comes directly from Knight Frank's Global Super-Prime Intelligence Q2 2026 report.
Explore luxury real estate in France and internationally
Search for a property, check the publication criteria or discover the solutions offered to professionals and individual owners.