Luxury real estate expert Andrew Cummings joins Knight Frank

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Andrew Cummings, a well-known luxury real estate agent, has joined Knight Frank.

The luxury real estate expert’s commitment signals Knight Frank’s growing ambition to assert itself in the upscale housing market. “Dubai is a huge growth market with many HNWIs (Ultra High Net Worths or Very Rich People) around the world who consider it one of the top emerging markets to invest and live in,” said Rupert Dawes, Partner and Global Head of Resident at Knight Frank.

“Dubai has seen significant growth in luxury living in the past twelve months, with a new record of over fifty homes sold for more than $ 10 million this year in the emirate. Andrew will expand us and expand our know-how and our market position. “

Dubai is home to one of the world’s highest millionaires per capita, and wealth in particular continued to grow during the crisis, according to a recent report by the Boston Consulting Group. As the pandemic increases demand for more luxury homes (according to Knight Frank Research), the top segment of the residential property market is seeing rising demand.

Cummings brings Knight Frank a well-established track record in the market, including overseeing the sale of two $ 100 million properties, which at the time were the second and third highest sales in the history of the residential real estate market in Dubai and the most expensive residential lease in Dubai Dubai in Dubai was in 2020, as well as the most expensive Emirates Hills sale in 2019.

“I am delighted to be leading the expansion in Dubai’s residential real estate market with Knight Frank. As one of the world’s leading luxury real estate companies, I am confident that we can create significant added value through our outstanding professionalism, local real estate experience in the United Arab Emirates and the use of our extensive global network of over 16,000 real estate professionals. “

“With Dubai’s real estate market coming back to life and seeing record growth in 2021, the time has come to harness this momentum to deliver an unparalleled world-class experience for both buyers and sellers.”


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