Dubai Real Estate: Demand From Wealthy Buyers Is Strong, UAE Economy Minister Says

United Arab Emirates Economy Minister Abdulla bin Touq Al Marri discusses diversification away from the oil economy and the outlook for the Dubai real estate market. "Last year we were topping the world in the reports, 6,000-plus high net worth individuals moving in," Al Marri tells Bloomberg's Joumanna Bercetche on the sidelines of the Investopia conference in Abu Dhabi. "This year as well we expect in the thousands. Hopefully we beat last year's number," he adds. "But we see this kind of movement and that demand for creating as well a real estate sector that really attracts high net worth individuals." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts