Business
World’s super wealthy flock to Dubai to avoid COVID-19 lockdowns, restrictions – Traveller
There’s an unprecedented surge in sales of Dubai’s most-exclusive properties as the world’s wealthiest flock to the emirate.
Dubai’s Palm Jumeirah, one of the places where property sales are booming. Photo: iStock
After nearly three decades in London, Christophe Reech was fed up with the city’s pandemic lockdowns. This spring, he sold his luxury townhouse and jetted off to the desert sheikhdom of Dubai to start a new life with his family.
There was no turning back, he said. The French business magnate’s super wealthy foreign friends were doing the same, driving an unprecedented surge in sales of Dubai’s most-exclusive…
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