The collapse of the real estate market in Dubai: The Emirates blame social networks

The real estate market in Dubai is facing a significant decline, with companies in this sector recording a drop of approximately 20% in the last five trading days. Despite these alarming figures, officials in the United Arab Emirates deny the existence of a crash and suggest that negative reactions come from social media users, who accuse them of "hating life" and not appreciating the progress and quality of life in the region. This situation raises questions about the stability of the real estate market in Dubai and the impact of external perceptions on the local economy.