Yekaterinburg investors invest in real estate in Dubai

November 3, 2022
Yekaterinburg investors invest in real estate in Dubai
Investors from Yekaterinburg are investing less money in real estate in their hometown. The reason is simple - low profitability.

Investors from Yekaterinburg are investing less money in real estate in their hometown. The reason is simple - low profitability. It is equal to approximately 7 percent per annum (moreover, the figures are given without taking into account the depreciation of housing). Therefore, Ekaterinburg investors are now paying attention to foreign real estate. And they are especially attracted to housing in Dubai. In the largest city of the UAE one can earn up to 12 percent per annum on renting apartments, as the demand for them is high all year round. In addition to that, there has been a powerful construction boom in the Emirates over the last years.

In the first half of this year, real estate experts noted an unprecedented demand for housing in the city of Dubai. If we compare with the same segment of 2021, then the growth is significant - 79 percent.

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Alexandra Meyer
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Alexandra Meyer
Personal assistant