Indians continue to top the list of expatriate property buyers in Dubai. [Image via Shutterstock]
Indians continue to top the list of expatriate property buyers in Dubai, but UAE nationals take the top spot in the investors’ list, according to Dubai Land Department (DLD).
Data analysed by Emirates 24|7 reveals that total investment by Indians in the realty market increased marginally to Dh18.123 billion from Dh18 billion in 2013.
Britons, who had invested Dh10.4 billion in 2013, saw their investments decline to Dh9.318 billion, taking the second position on the expat buyer list, with Pakistanis coming third on the list with property purchases worth Dh7.588 billion (Dh8.6 billion in 2013).
The total value of non-Arab investment in Dubai’s real estate market was Dh64 billion through 29,098 transactions compared to over Dh69 billion in 2013.
Iranians and Canadians invested Dh4.5 billion and Dh3.157 billion, respectively, in 2014. No comparative data for the previous year was available.
Citizens of Gulf Cooperation Council (GCC) states bought property worth Dh32 billion through 7,186 investors in 2014.
Data analysed by Emirates 24|7 reveals that total investment by Indians in the realty market increased marginally to Dh18.123 billion from Dh18 billion in 2013.
Britons, who had invested Dh10.4 billion in 2013, saw their investments decline to Dh9.318 billion, taking the second position on the expat buyer list, with Pakistanis coming third on the list with property purchases worth Dh7.588 billion (Dh8.6 billion in 2013).
The total value of non-Arab investment in Dubai’s real estate market was Dh64 billion through 29,098 transactions compared to over Dh69 billion in 2013.
Iranians and Canadians invested Dh4.5 billion and Dh3.157 billion, respectively, in 2014. No comparative data for the previous year was available.
Citizens of Gulf Cooperation Council (GCC) states bought property worth Dh32 billion through 7,186 investors in 2014.
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