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Wealthy Chinese investors to beat Russians in 2023 to drive Dubai’s luxury property market growth
European investors are also expected to increase their investments in Dubai’s high-end housing property assets this year due to high inflation rates in their home countries
The share of international buyers in Dubai’s most sought after luxury housing segment is projected to see a sharp rise in 2023, led by wealthy Chinese investors in the wake of lifting of Covid-related restrictions in their country, a latest market study said.
European investors are also expected to increase their investments in the emirate’s high-end housing property assets this year due to high inflation rates in their home countries.
The uptick in the influx of fresh international investors is predicted to lead to a 14 percent jump in the emirate’s luxury property segment this year, according to the study by Realiste, the Dubai-based proptech which develops AI-powered products for real estate investment.
European investors are also expected to increase their investments in Dubai’s high-end housing property assets this year due to high inflation rates in their home countries
The share of international buyers in Dubai’s most sought after luxury housing segment is projected to see a sharp rise in 2023, led by wealthy Chinese investors in the wake of lifting of Covid-related restrictions in their country, a latest market study said.
European investors are also expected to increase their investments in the emirate’s high-end housing property assets this year due to high inflation rates in their home countries.
The uptick in the influx of fresh international investors is predicted to lead to a 14 percent jump in the emirate’s luxury property segment this year, according to the study by Realiste, the Dubai-based proptech which develops AI-powered products for real estate investment.