Indian investors top Dubai’s $14.4bn real estate deals in H1

Almost 20,000 investors spent more than AED53 billion ($14.4 billion) in Dubai real estate during the first half of 2015, the Dubai Land Department (DLD) said on Tuesday.

It said in a statement that 19,848 investors from 142 nations had been behind property transactions in the emirate during the first six months of the year. Indians were the most prolific foreign investors in H1, with a total of 3,017 transactions worth AED7.8 billion. British investors were ranked second with deals worth AED4.7 billion, followed by Pakistani investors.
A total of 13,166 investors from India, Pakistan, Britain, Canada, Russia, China, US, France and Afghanistan were involved in deals worth a total of AED30 billion… see more

source: arabianbusiness

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