Dubai’s property boom in the years following the Covid-19 pandemic has been one of the fastest in the world, fueled by investor-friendly reforms and a surge in expat demand, particularly from Russia in the wake of the start of Moscow’s full-scale war with Ukraine. Some of Dubai’s luxury developments cater specifically to Russian buyers, with...
Wealthy Russian buyers are fueling UAE real estate boom. Russian buyers are expected to continue fueling the real estate boom in the UAE in the short term. They are purchasing more and more expensive properties than other buyers. With rent prices soaring in the UAE, locals and expatriates alike are increasingly looking towards buying property....