Business Extra: Property Finder chief on UAE boom and $34m plot of sand – The National

Business Extra: Property Finder chief on UAE boom and $34m plot of sand – The National

The property market in the UAE is witnessing an unprecedented boom, supported by an increase in demand from international buyers.

This is according to Michael Lahyani, founder and chief executive of Dubai portal Property Finder, who joins host Kelsey Warner on the Business Extra podcast this week.

They talk about the state of the property market and the significance of one historic deal: the sale of the most expensive plot ever sold in the UAE, a patch of sand half the size of a football pitch on Jumeirah Bay Island that sold last month for $34 million.