Rich Russians fleeing sanctions are pumping up Dubai’s property sector

"The influx of buyers from Russia has pumped up the UAE’s property sector in the wake of
Russia’s invasion of Ukraine and subsequent Western sanctions. ....DUBAI, United Arab Emirates – The team at Dubai property firm Mira Estate have reason to celebrate. 

The luxury real estate company just clocked a 100% year-on-year increase in sales to buyers from Russia and other former Soviet states in the first half of 2022." CNBC