Look who’s investing $41bn in Dubai
Indian reign supreme as investors in Dubai real estate.
The statement released by Dubai Land Department said that Indian investors made 10,628 transactions worth more than AED20.4 billion, while Pakistani nationals made 5,398 real estate transactions worth approximately AED7 billion.
It added that Saudi Arabians led the Gulf nations with 5,366 transactions worth AED12.5 billion and UK citizens took poll position among the European nationalities with 4,188 transactions worth AED9 billion.
Besides investors from Saudi Arabia, citizens from three other Arab countries appeared on the list, with investors from Egypt, China, Jordan, Lebanon and America coming in sixth to tenth places respectively, through 2,439 transactions worth over AED4 billion, according to the statement.
Egyptians also came in sixth place, followed by Jordanians who made 2,235 transactions worth AED4.2 billion.
Chinese investors ranked in eighth place, after concluding 2,177 transactions worth AED3.1 billion, while Lebanese nationals came in ninth place with 1,313 transactions worth AED2.6 billion and Americans ranked tenth with 1,119 transactions worth about AED2.9 billion
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The statement released by Dubai Land Department said that Indian investors made 10,628 transactions worth more than AED20.4 billion, while Pakistani nationals made 5,398 real estate transactions worth approximately AED7 billion.
It added that Saudi Arabians led the Gulf nations with 5,366 transactions worth AED12.5 billion and UK citizens took poll position among the European nationalities with 4,188 transactions worth AED9 billion.
Besides investors from Saudi Arabia, citizens from three other Arab countries appeared on the list, with investors from Egypt, China, Jordan, Lebanon and America coming in sixth to tenth places respectively, through 2,439 transactions worth over AED4 billion, according to the statement.
Egyptians also came in sixth place, followed by Jordanians who made 2,235 transactions worth AED4.2 billion.
Chinese investors ranked in eighth place, after concluding 2,177 transactions worth AED3.1 billion, while Lebanese nationals came in ninth place with 1,313 transactions worth AED2.6 billion and Americans ranked tenth with 1,119 transactions worth about AED2.9 billion
Details
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