While interest rates in Russia are rising and mortgage payments are becoming harder for borrowers, in the Emirates, the market reacts quite differently. Despite criticism and claims that Dubai is allegedly no longer safe, the city is responding with very strong offers for investors.

Almost all developers have maintained interest-free installments. For some facilities, they operate until 2033. At the same time, mortgage rates in the Emirates remain at 4-4.5% and do not change.

Moreover, offers with guaranteed profitability are increasingly appearing on the market. For example, an apartment worth about 20 million rubles can bring in about 10% per annum under a contract over 10 years, actually paying off the investment. Realizing investors' concerns about the situation in the Middle East, many developers offer additional property insurance, and some even include a buyback option.

Demand from citizens of the Gulf countries is also growing. While the market really slowed down during the first week of the conflict, the situation has already begun to change over the past seven days. According to the Dubai Land Department, where every transaction is recorded and the market is fully transparent, we are seeing a gradual recovery in activity. While demand fell in the first week, the number of transactions increased by about 39% in the second week.

Special attention is now being paid to the luxury and branded real estate segment. For example, after the Address Creek Harbour Tower incident, agencies receive a large number of requests to find distress offers for this project.

At the same time, the market as a whole remains stable. Despite current events, global safety ratings remain unchanged and continue to confirm the country's high level of safety.