Why Kenyan investors are flocking to Dubai

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People gather at a beach in the Gulf emirate of Dubai, on September 15, 2022. PHOTO | AFP

There is a new investment craze in town, at least for those that can afford it — owning an apartment in Dubai to cash in on the high rental returns in the United Arab Emirates city that is currently a global darling.

While for most people, a trip to Dubai is seen in terms of a vacation or at least a staycation once a year, a section of investment-savvy Kenyans have been building property portfolios in the investment and trading hub.

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