Indians, Brits, Pakistanis top foreign investors in Dubai property
The Dubai real estate market continued to attract a strong inflow of foreign funds with Indians, British, Pakistanis and Jordanians accounting for nearly one-third of total investments during the first 11 months of 2018.
Of the total Dh62 billion investments made during January 2018 to November 2018 period, Emiratis were the top investors among GCC nationals in Dubai’s real estate market, investing over Dh11.5 billion.
They were followed by Indians with Dh10.8 billion, followed by the British with Dh4.3 billion, Pakistanis with Dh2.8 billion and Jordanians with Dh1.5 billion. Saudi investors dropped from the top five ranking, who were the third-biggest in 2017.
Meanwhile, a total of 33,888 investments were made by 26,728 investors during the January-November period.