The Influence of Oil Prices on Dubai's Property Market

<br>Certainly, hereu2019s a summary of the information: Dubai, once reliant on oil, has strategically diversified its economy to sectors beyond oil, such as tourism, finance, and innovation. This shift has had a significant impact on the real estate market in Dubai. High oil prices often lead to an upswing in Dubaiu2019s fiscal health, fueling ambitious infrastructure projects and shaping the cityu2019s skyline. Conversely, during oil price downturns, Dubai faces fiscal challenges. However, the removal of fuel subsidies and the introduction of new visa laws have boosted investor confidence and market resilie

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The Influence of Oil Prices on Dubai's Property Market

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