Russians have helped make Dubai’s property market red hot—again

Too muchUAE good news can be a bad thing. Dubai, the commercial capital of the United Arab Emirates (), has had in the past two years. Lax restrictions during the pandemic lured expats. Russia’s invasion of Ukraine brought another influx of new residents.High oil prices have . Restaurants and bars are heaving. Rush-hour traffic is back to pre-pandemic levels. Public transport moved a record number of passengers in February.