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Saudi Arabia leads Middle East's luxury property buyers in London

The Middle East made up some of the top buyers of London luxury real estate in late 2022, only falling behind European and UK buyers.
The Ritz hotel is pictured in central London on May 18, 2020.

Saudi Arabia leads Middle East buyers of prime property in central London, which reached a four-year high for the region in the second half of 2022, according to the global property firm Knight Frank. 

Middle East buyers made up 10.9% of all property transactions in London’s most in-demand postal codes, which hasn’t been comprised of a higher proportion since 2015, reported the consultancy. 

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