“Dubai is much more free — in every way,” he said, sporting an intricately torn designer T-shirt at a cafe he just opened in the city, where his children are now in a British school. “We are independent of Russia,” he said. “This is very important.” A year into a historic onslaught of economic sanctions...
Monday, September 25, 2017
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March 25, 2022May 22, 2023News
Dubai property sales surge 60% as investors, Russians flock in
DUBAI, July 29 (Reuters) – Dubai’s red-hot property market surged in the first half of the year as investors piled in, with Russians among the top five buyers as the emirate benefits from an influx of wealth in the wake of Western sanctions. The first half saw residential real estate transaction volumes up 60% with...