NEWS LINK COURTESY CNBC
Property booming in ‘sanction free’ Dubai as Russian interest spikes
March 17, 2022
https://www.cnbc.com/2022/03/17/property-booming-in-sanction-free-dubai-as-russian-interest-spikes.html
Dubai saw $35 billion worth of property market transactions in 2021, the highest recorded since the global financial crisis, according to real estate firm Savills.
NEWS LINK COURTESY CNBC
Villas by the sea: Dubai’s property sector
https://www.cnbc.com/2022/07/07/rich-russians-fleeing-sanctions-are-pumping-up-dubais-property-sector.html
Property sales in Dubai were up 45% year on year in April and 51% in May, according to the Dubai Land Department.
The luxury real estate company just clocked a 100% year-on-year increase in sales in the first half of 2022.
Property sales to these nationals for the firm, doubled year on year to 2 billion dirhams, or $500 million, according to a company press release issued this week.
NEWS LINK COURTESY CNBC
One-way economy flights from Moscow to Dubai are nearly $5,000 as Russians flee mobilization call
https://www.cnbc.com/2022/09/28/economy-flights-from-moscow-to-dubai-hitting-5000-as-russians-flee-.html
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UAE Property Boom - What The UAE Media is NOT Telling You
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