Dubai Loses Allure for Russians on Cost, Sanctions

Bloomberg News' Nicolas Parasie discusses Russians losing Dubai's allure dues to various reasons. He speaks with Vonnie Quinn on Bloomberg Daybreak: Middle East & Africa.

[billiehart]

This is nonsense Russians solely didn't increase the prices of real estate in dubai. In facts Indians and Chinese have been buying more Dubai real estate than Russians since the start of the war

[xcel]

Tough for Arabs refusing the well-heeled Russians .

[Sarj]

Russians have upped the real-estate in Dubai, now Most of the Residents can't afford Rent. everything has gone up. I'm not seeing anyone doing anything about it.

[fredrikbergquist]

The Russians are all in Thailand instead! 😂

[LuckyPunk]

Did he said, some are moving to Europe?

[vishalkumar-wtgi]

The cost of living is going high . Even business.

[Sodainspace]

Russians are now going to Turkey, Bali and Thailand. Dubai is dominated by Indians now

[ArabicReja]

Russia 🇷🇺 economy is small, about the same size as Spain.
Despite that, 70% of Russia GDP is for defense, with the Chinese grey-zone help.

[DK-]

No more Russian porta potties for rich Arabs? 🤔

[chelimobashir]

It's a win for Russia as they will invest in their country

[infrared]

Dubai is for the mega rich
A handful from each country is enough