Chinese and Russian nationals are making a strong mark on Dubai’s luxury real estate market, with investments rising by 15% and 20% in 2024, respectively. According to Elite Merit Real Estate, these investors are drawn by Dubai’s tax-friendly policies, world-class infrastructure, and geopolitical stability.

The BRICS factor is fueling foreign capital inflows, with Chinese and Russian investors expected to increase their market share by over 30% in 2025. The UAE’s strong economic ties with China and Russia, coupled with regulatory advantages and the Golden Visa programme, make Dubai a prime destination for high-net-worth buyers.

China is now the third-largest foreign investor in Dubai real estate after the UK and India, with buyers shifting from luxury high-rises to premium villas in areas like Palm Jumeirah and Emirates Hills. Meanwhile, Russian investors are securing larger, high-yielding properties for stable returns, particularly in prime locations such as Downtown Dubai and Dubai Marina.

With demand soaring, Dubai is set to deliver 28,700 new villas by 2025, while long-term projections indicate the need for up to 87,700 additional units by 2040. Property prices in Palm Jumeirah and Emirates Hills have already risen 10-12% in the past year, yet Dubai remains competitively priced compared to cities like London and New York.