Limited supply and rush of new buyers, including from Russia, drive high-end sales in the first quarter
Read MoreThe average ticket price for Russians buying Dubai property over the past year has been $1mln, with some buying up to 10 units at that price
Read MoreSurge in demand is being driven by millionaire migration and a rebound in population growth
Read MoreThe UAE is expected to attract 4,000 millionaires into its borders by the end of 2022 — the most of any country globally, a new report claims.
Read MoreProspective UAE buyers are also being offered deep discounts on UK luxury homes
Read MoreDubai saw $35 billion worth of property market transactions in 2021, the highest recorded since the global financial crisis.
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