Asteco reports positive Q2 2022 real estate performance in Dubai ...United Arab Emirates

According to Asteco’s Q2 2022 UAE Real Estate Report, the country’s real estate market remained strong during Q2, despite global headwinds and rising inflation concerns. The firm stated that global geopolitical tensions raised the position of the country as a safe destination to visit, live, work, invest in, and study. The report said the increased demand for property can be tracked to pro-active government reforms such as the introduction of the Golden Visa, and the transition toward a digital economy. Looking at the Dubai market, the firm said the first half of 2022 saw several “successful and notable project launches” that are the result of renewed optimism in the real estate market, whic

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