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The Conversation

Hassan F. Gholipour, Associate Professor of Property, Western Sydney University

Real estate powered Dubai’s rise as a magnet for expats. Can its brand survive this war?

Dubai Economy Iran the Middle East

Fadel Senna/Getty

Once a small fishing and pearling village, Dubai has grown to become a major financial, commercial and tourism hub in the Middle East.

It is the second-largest (behind Abu Dhabi) of the seven emirates that make up the United Arab Emirates (UAE). For decades, its economic success has rested on a promise: that the city would remain stable even when the region is not.

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