Dubai Land Department reveals the top 10 nationalities that invested in Dubai’s real estate market

Dubai Land Department reveals the top 10 nationalities that invested in Dubai’s real estate market over the past 18 months. UAE Nationals are leading the list, outperforming all other nationalities.

His Excellency Sultan Butti bin Mejren, Director General of Dubai Land Department, commented: “217 nationalities have invested a total of AED 151 billion in Dubai’s real estate market. This demonstrates the confidence that the world has in our real estate environment, which is characterised by a strong regulatory system that provides safety and security for all parties.”

Here’s the top 10 ranking;

  1. Emiratis, close to 12,000 investment transactions worth AED37.4 billion
  2. Indian, 10,628 transactions worth more than AED20.4 billion
  3. Pakistani, 5,398 real estate transactions worth approximately AED7 billion
  4. Saudi Arabian, 5,366 transactions worth AED12.5 billion
  5. British, 4,188 transactions worth AED9 billion
  6. Egyptian, 2,439 transactions worth over AED4 billion
  7. Chinese, 2,177 transactions worth AED3.1 billion
  8. Jordanian, 2,235 transactions worth AED4.2 billion
  9. Lebanese, 1,313 transactions worth AED2.6 billion
  10. American, 1,119 transactions worth close to AED2.9 billion

Original published in http://www.dubailand.gov.ae/English/MediaCenter/Pages/news-viewer.aspx?nid=504

Posted in: