As Dubai strengthens its status as a global investment hub, the expanding economic ties among BRICS nations have emerged as a major driver of foreign capital inflows, according to UAE-based Elite Merit Real Estate.
Chinese and Russian investors, in particular, are expected to dominate Dubai’s luxury property market, leveraging the city’s investor-friendly tax policies, world-class infrastructure, and geopolitical stability, the real estate group reported.
Recent data suggests that by 2025, Chinese and Russian investors could expand their share of Dubai’s real estate market by more than 30%.
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