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Published 1 year ago • loading... • Updated 1 year ago

Dubai housing prices could crash down

Summary by Al Bawaba

ALBAWABA – Dubai has seen a big surge in real estate sales, especially after the COVID Pandemic, with 2023 seeing a boost in property sales compared to 2022, especially from Russian buyers who took to Dubai in hopes to protect their assets after the Russia-Ukraine war started early 2022 according to The Media Line, later followed by a trend of Chinese buyers, seeing UAE’s market as a target for wealthy customers, according to property agency Kni…

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Dubai housing prices could crash down

ALBAWABA – Dubai has seen a big surge in real estate sales, especially after the COVID Pandemic, with 2023 seeing a boost in property sales compared to 2022, especially from Russian buyers who took to Dubai in hopes to protect their assets after the Russia-Ukraine war started early 2022 according to The Media Line, later followed by a trend of Chinese buyers, seeing UAE’s market as a target for wealthy customers, according to property agency Kni…

1 year ago·Amman, Jordan

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Al Bawaba broke the news in Amman, Jordan 1 year ago on Monday, January 29, 2024.

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