Prices for
residential property in Dubai increased by 21 percent in the first 10 months of 2021.
Dubai Real Estate is recovering from the coronavirus pandemic thanks to an accelerated vaccination program and other government measures.
Housing in Dubai continues to attract wealthy buyers from other countries. During the pandemic, the demand of Russian-speaking investors who want to
buy an apartment in Dubai has doubled.
Average cost
Housing in Dubai rose to $3,620 per square meter in October. Prices for
apartments in Dubai have increased by 14 percent year on year. At the same time, the cost of
residential property in Dubai is still about 29 percent below the level of 2014.