EURONEWS reports that "... in Dubai, despite Covid-19, transactions worth 16.3 billion euros were made in the first half of the year ..."
Dr Michael Waters, Associate Professor in real estate at Dubai's Heriot-Watt University, says it's been good news for investors, especially over the longer term:
"From 2012 to the current day, anyone who's invested in Dubai has seen an annualised return of about 8.5% per annum. So in the Global Competitiveness Index, which is a way of ranking global cities and their attractiveness, Dubai has moved from 29th place to 6th place within the last few years".
The full report of EURONEWS, Wednesday, 16 September 2020.
