"Bloomberg", a US news and economic agency, revealed that the sale of luxury houses in Dubai hit record standards last March.
The principality sustains its place as a destination for investment in the real estate sector across the world.
The US agency indicated that sales of luxury houses boomed in Dubai as a large number of rich people in various continents come to the principality fleeing the restrictive measurements in their countries.
The local authorities of Dubai succeed in applying the precautionary measurements related to the Coronavirus (known also as COVID-19).
Vaccinating against the deadly virus is still ongoing in the United Arab Emirates (UAE) as the health authorities exert strenuous efforts to put the infection with COVID-19 under control.
The UAE has achieved standard records at the world level of vaccinating the populations or the comers to the seven principalities that form the federal entity of the state.
Bloomberg assured that over the last month eighty-four or more than mansions, of UAE dirham 10 (about $2.7 million) according to data published by Property Monitor Company for Real Estate Consultations in the UAE.
Sales of luxury houses in Dubai hit UAE dirham 1.7 billion in March.
The Emeriti company pointed out that the authorities have introduced special visas to tourists as well as new permission to tele-jobs that enable employees of the companies to work from home and live in any place across the world.
Purchasing a property in Dubai is the fastest way to get permission for residence in the wealthy principality.
During the last years, a number of real estate giants appeared in the UAE such as Dubai Properties which is a leading real estate master developer.
Playing a leading role in driving the successful development and persification of one of the most vital sectors in the economy, Dubai Properties is committed to creating residential developments across the Emirate that provide distinctive and enriching lifestyles for residents.
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