Real Estate

Russian Buyers Help to Propel Dubai Property Sales to Record

  • Dubai home prices stabilized last year after surging in 2021
  • British, Indian and Italians were also among the top buyers

Residential villas in the Dubai Marina district of Dubai.

Photographer: Christopher Pike/Bloomberg

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Russians were the biggest international buyers of Dubai real estate last year, when the city emerged as a safe haven amid geopolitical and economic uncertainty elsewhere, according to brokerage Betterhomes.