✈️ China and Russia Are Taking Over Dubai!

WARNING to the people of Dubai—your new landlords are coming to town. They speak Mandarin and Russian and they are hear to buy your homes.

According to new analytics from Elite Merit Real Estate, buyers from China and Russia will be responsible for 30% of all property purchases in 2025.

But why are they here and what is Dubai going to do about it?

The BRICS Factor 🤝

In 2024, Chinese and Russian investments in Dubai’s luxury real estate surged by 15% and 20%, respectively. Why? Because Dubai is the ultimate real estate buffet. No taxes, world-class infrastructure, and enough geopolitical stability to make other nations jealous.

With the UAE cozying up to BRICS nations (Brazil, Russia, India, China, and South Africa), investment pathways have never been smoother. Add the Golden Visa program, which lets high-net-worth individuals swap their passports for long-term residency, and you have a perfect storm of foreign capital inflow.

China Secure the Bronze Medal 🥉

China has become Dubai’s third-largest foreign real estate investor, right behind the UK and India. Traditionally, Chinese buyers have been obsessed with luxury high-rises, but now they’re expanding their portfolios to waterfront villas and premium communities like Palm Jumeirah and Emirates Hills. Because why own one overpriced penthouse when you can have a mansion by the sea?

Russia Needs Stability in an Unstable World 🌎

Russian investors aren’t just looking for fancy homes—they’re after security. As global uncertainties persist, they’re snapping up high-yield properties with strong rental potential. Areas like Palm Jumeirah, Downtown Dubai, and Dubai Marina are hot spots, pushing Russian investments up by 20% in 2024 alone.

Dubai’s Response: Build, Build, Build 🏗️

With demand skyrocketing, Dubai is racing to keep up. Nearly 28,700 new villas are expected to be completed by 2025, with long-term projections suggesting a need for up to 87,700 additional homes by 2040.

Prime areas like Palm Jumeirah and Emirates Hills have already seen price hikes of 10-12% in the past year. And yet, Dubai still offers better value than London or New York.

So, if you’ve been eyeing that dream penthouse, better move fast—before it gets bought by a Russian oligarch or a Chinese business tycoon.