Pakistanis’ investment shows downward trend in Dubai
Pakistanis’ investment in real estate sector in Dubai showed downward trend in first six months of current year 2018.
The investors from Pakistan in Dubai real estate sector ranked 2nd last year as foreign buyers after India which has called to 4th rank this year. According to latest report issued by DLD’s Department of Real Estates Studies & Research, Pakistan’s investors reached at the 4th position just behind India, Saudia Arabia and United Kingdom.
Dubai Land Department (DLD) revealed that real estate transactions in Dubai for the first half of 2018 (H1 2018) reached AED 111 billion.
UAE nationals topped the list with 2986 investments worth AED 6.8 billion, while Indian nationals ranked second with investments that amounted to AED 5.9 billion through 3218 investments.