Reported about 1 month ago
Binghatti Properties, a Dubai developer, is experiencing a surge in demand for properties from affluent Turkish and Egyptian buyers seeking refuge from currency instability. The firm plans to build approximately 12,000 homes over the next two years, building on the existing 9,000 in progress. With property prices in Dubai rising significantly, these international buyers are increasingly attracted to the emirate's real estate market, contributing to the ongoing construction and expansion of luxury offerings.
Source: YAHOO