Dubai's economy thrives amid regional conflict, driven by real estate, tourism, and construction growth.
Dubai's economy flourishes amidst regional conflict, attracting wealthy individuals seeking refuge and offering stability, low taxes, and a friendly visa system. The city's real estate market sees record-breaking valuations, while tourism and construction sectors boom. Dubai International Airport expects 91.8 million passengers this year. However, potential oversupply of housing units could slow the market if demand does not keep pace.
August 16, 2024
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