Flock to UAE Real Estate Amidst Domestic Market Difficulties
* Industry experts said Dubai’s real estate market, ‘specially the residential market, continues to emerge as highly attractive to investors from countries like Russia, France, and several others amidst unpredictable and unattractive market conditions in their respective markets.
* Russian investors flood Dubai due to rising mortgage rates and property prices in Russia. Similarly, French investors are joining the trend, attracted by shorter payback periods compared to Paris and the absence of high taxes.
* This is a testament to Dubai’s strong appeal, infrastructure, prestigious reputation, and potential for high rental income and property value appreciation.