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A general view of the Dubai Skyline on April 28, 2022 in Dubai. Getty Images -

Residential villas on the waterside of the Emirates Hills district backdropped by residential skyscrapers beyond in the Dubai Marina district of Dubai, United Arab Emirates, on Wednesday, Feb. 23, 2022. A government committee set up before the pandemic enlisted some of Dubai’s largest developers as members to try to manage supply and demand in the property market and ensure that state-owned businesses don’t crowd out private builders. Photographer: Christopher Pike / Bloomberg -

The Dubai skyline. The UAE Central Bank has increased its policy rate in line with the US Federal Reserve. EPA -

General view of the Burj Khalifa and the downtown skyline in Dubai, United Arab Emirates, September 30, 2021. REUTERS / Mohammed Salem -

DUBAI, UNITED ARAB EMIRATES - APRIL 28: A general view of the Dubai Skyline on April 28, 2022 in Dubai, United Arab Emirates. Muslim men and women across the world observe Ramadan, a month long celebration of self-purification and restraint. (Photo by Francois Nel / Getty Images) -

FILE PHOTO: The skyline of Dubai shows the Burj Dubai Tower, the tallest tower in the world January 4, 2010. REUTERS / Ahmed Jadallah / File Photo -

FILE PHOTO: A general view of the Burj Khalifa and the downtown skyline in Dubai, United Arab Emirates, June 12, 2021. REUTERS / Christopher Pike / File Photo

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