Russian nationals have become the largest buying group of real estate in Dubai since the war in Ukraine, driving sales to a new record high according to Sputnik.
In 2022, Dubai recorded more than 86,000 sales, surpassing the previous record in 2009 with 80,000 sales, according to Dubai-based Better Homes brokerage.
The estimated worth of real estate bought in 2022 is a staggering $56.6 billion, an increase of nearly 80 percent since 2021.
However, the real estate market in Dubai no...
