Dubai could benefit from Britain’s decision to leave the European Union, reports The Gulf Time Emirates Business (20 July 2016). According to Bernie Morris, President of the UK, Europe and the Middle East for Juwai.com, some Chinese buyers may react to Brexit with a flight to quality, which will enhance the UAE’s appeal as the premier destination within the Middle East that offers a similar investment profile to some parts of Europe. “With its high-quality new residential construction, the UAE has the perfect product for those Chinese investors who prefer to invest in off-plan or new build property,” adds Morris.
