Homes in Dubai are most often bought by Europeans, Asian financiers, Indians and Russians, the increase in demand has led to a sharp increase in property prices. These release reports Finance Times with reference to sources.
The publication notes that due to the Europeans’ striving for a warm climate and low taxes, they became the main rivals of the Russians.
The publication states that Asian financiers and Indians are also interested in housing in the United Arab Emirates. For Indian citizens, Dubai has a long-term residency program.
According to real estate agency CBRE, the number of real estate transactions since the start of the year set a record for the same period in 2009, with rents up more than a quarter during that period.
Earlier, according to statistics from the elite real estate agency Skolkovo Realty, it was known that in September, the demand for real estate in Dubai increased among Moscow residents. jumped Compared to August, it increased by 112.8%. Residents of the Russian capital rushed to buy housing in a popular resort amid the general uncertainty in the country.