Indians, Britons and Pakistanis continued to remain the top three expatriate property investors in Dubai, according to Dubai Land Department (DLD).
The total sum of investments in Dubai’s real estate market for the first half of 2015 exceeded Dh53 billion, with 19,848 investors from 142 nations making property transactions, the DLD said.
UAE nationals top the list with Dh11.5bn worth of Dubai property market transactions during the first half of the year.
Nationals from India were ranked first for foreign investment, having made a total of 3,017 transactions worth Dh7.8bn.
DLD’s list included the amount of real estate transactions conducted by foreign nationals in H1, with 13,166 investors from India, Pakistan, Britain, Canada, Russia, China, USA, France and Afghanistan involved in deals worth a total of Dh30bn.