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Dubai News Club > Business > Rich Russians consider London-Dubai property swap to avoid financial scrutiny
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Rich Russians consider London-Dubai property swap to avoid financial scrutiny

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Last updated: 2022/06/20
Press Room
Published: June 20, 2022
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Rich Russians consider London-Dubai property swap to avoid financial scrutiny
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Wealthy Russians are trying to swap their luxury properties in London for multimillion-pound homes in Dubai as they seek innovative ways to circumvent financial restrictions imposed since the full invasion of Ukraine.

A list of properties including a Knightsbridge mansion worth £34mn and a three-bed Eaton Square apartment with an £8mn asking price has been circulated in recent weeks by high-end real estate agents operating in the Gulf emirate.

They are being offered by Russians who…

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