Russians Are the Top Home Buyers From Dubai’s Biggest Developer

Russians Are the Top Home Buyers From Dubai’s Biggest Developer

Russians are the top buyers of properties from Dubai’s biggest developer, a sign that demand from investors seeking safe havens remains strong more than a year after Moscow’s invasion of Ukraine.

Emaar Properties PJSC didn’t provide the exact percentage of Russian buyers in a first-half investor presentation, but showed them as the largest segment of the market in a pie chart. Their appetite for property in the emirate have helped to push prices to record levels.

Read more: bloomberg.com

Photo: bloomberg.com

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