The report showed that Arab investors concluded 3058 deals with a value of more than 6.905 billion dirhams. The report showed that Arab investors concluded 3058 deals worth more than 6.905 billion dirhams.
The report showed that Arab investors concluded 3058 deals worth more than 6.905 billion dirhams. Jordanians topped the list of Arab investors by value for the first half of this year, with 640 Jordanians investing in Dubai's real estate market worth AED 1.347 billion, followed by 459 Lebanese investors worth AED 1.235 billion.
While Egyptian investors came in third place with investments worth AED 1.009 billion.
Other Arab nationalities that entered the list of the most invested Arabs in Dubai included Iraq, Yemen, Libya, Sudan, Palestine and Algeria, but the investments of each of these nationalities were below the AED 1 billion level.
Other Arab nationalities that entered the list included Iraq, Yemen, Libya, Sudan, Palestine and Algeria. <The list of foreign investors also included investors from India, Pakistan, Britain, Canada, Russia, China, USA, France and Afghanistan, who collectively made 14,231 investment transactions worth Dh30.533 billion, according to the report issued by the Real Estate Research and Studies Department of Dubai Land.
Indian investors topped the list in terms of the number of transactions and investment volume, registering 4,417 transactions worth AED 10.523 billion. The British came second with 2258 transactions worth AED 5.811 billion.
Pakistanis came in second with 2258 transactions worth AED 10.523 billion. Pakistanis came third when their investments in the Dubai real estate market reached AED 4.5 billion through 3064 procedures, while Iranian and Canadian investors came in fourth and fifth places with investments of approximately AED 2.7 billion and AED 1.9 billion, respectively.
The first half of this year witnessed remarkable activity by investors from Russia, the United States and China, who ranked sixth, seventh and eighth respectively with investments of more than one billion dirhams.
Sultan Butti said. <Sultan Butti bin Mejren, Director General of Dubai Land Department, said: «We are extremely proud of the results achieved by Dubai's real estate market during the first half of this year. This momentum on the part of Arab and foreign nationalities demonstrates the great attractiveness of Dubai real estate, especially after it has proven its position at the regional and global levels. We are certain that the coming periods will witness more interest, especially with the government's announcement of mega projects that will ensure the continued growth of the real estate sector for many years to come.»
