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Issue 2

Oasis of Happiness: Investing in Dubai Real Estate

Alex
June 23, 2026

Happiness is not a vague aspiration in Dubai — it is official policy. The city aims to rank among the world’s happiest nations, and the infrastructure being built to support that goal includes world-class education, security, and a real estate market with fundamentals that continue to attract serious capital. Yevgeniya Vinokurova, founder and CEO of Tuimaada Real Estate, has been working in property since her student days, when she took a mortgage while living in a university dormitory and working as a taxi dispatcher.

That early experience with the mechanics of banking and property transaction became the foundation of a career. The comparison she draws most often is between payback periods. In London, residential property investment returns capital over approximately 37 years.

In Moscow, the figure is over 20 years. In Dubai, the range is 8 to 13 years — a genuinely short return horizon by any international standard. Contributing factors include a 4% transaction tax, no mortgage-style debt obligations in the Islamic finance framework, and installment plans that allow staged payment without interest.

Entry-level investment is possible from 150,000 to 200,000 dollars in outer residential zones. The security dimension matters as well. Dubai’s legal framework around drug control and alcohol licensing creates a social environment that many international families specifically seek out.

Over 100 international university branches operate in the city, and the children of families relocating from every continent are being educated here. For Vinokurova, this combination — economic returns, security, educational infrastructure, and global connectivity — represents what she calls a genuine oasis. Not a metaphor. A destination.

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