Investments in Dubai property market grow 24% Y-o-Y in 2015
The Dubai Land Department (DLD) has announced that the investments in Dubai property market was AED135 billion in 2015, up 24% Y-o-Y. The number of investors grew by 33% to reach 55,298. Investments by GCC nationals reached AED44 billion (AED32 billion in 2014), of which AED26.1 billion (AED22.8 billion in 2014) were undertaken by UAE nationals. Investments by Saudis came in at AED9 billion (2014: AED5.2 billion). Investments by non-Gulf Arabs reached AED16 billion, while the investments from foreign, non-Arab nationalities totaled AED74 billion (2014: AED64 billion). Investments by Indian investors topped the list with AED20 billion (2014: AED18 billion), whilst British investors spent AED10 billion (2014: AED9.4 billion) and Pakistanis AED8 billion (2014: AED7.6 billion). Iranians came next with AED4.6 billion, followed by the Chinese at AED2.6 billion. (The National)
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.