Dubai: Pakistani buyers have invested greater than two billion dirhams in Dubai's actual property sector over the previous 12 months.
According to the Khaleej Times, knowledge launched by the Dubai Land Department on Saturday, Pakistan ranked sixth within the state when it comes to funding in land shopping for and promoting enterprise throughout 2019. Last 12 months, 1,913 Pakistani buyers invested 2.79 billion dirhams in Dubai's actual property sector.
The largest variety of Indian nationals invested in Dubai properties. According to statistics, 5,246 Indians have invested about 11 billion dirhams in Dubai properties. The second largest investor was the Emirati, who invested greater than eight billion dirhams.
Among the nations investing in Dubai, Saudi Arabia is third with four.92 billion dirhams, the UK is fourth with three.97 billion dirhams and Chinese residents are third with three.65 billion dirhams. While Pakistan ranks sixth on this listing with 2.79 billion dirhams.
A complete of 226 billion dirhams was transacted for actual property in Dubai in 2019 and the expansion charge on this sector was four% larger than in 2018.