Wealthy Europeans have previously bought expensive real estate on the Persian Gulf coast in Dubai. Nowadays, the demand for real estate in the UAE has increased markedly.
The UAE can become a home for lots of Europeans. For investors, buying expensive real estate in Dubai brings additional benefits, in addition to using it to save and increase funds: investments in housing in the amount of 750,000 dirhams provide legal residence in the country for 3 years, and investments in a larger amount allow you to get «golden visas». At the beginning of March 2022, there are about 40,000 citizens of Europe and 15,000 Ukrainians in the United Arab Emirates.