Indians have by far remained the most prolific foreign investors in Dubai realty, outshining capital inputs from British, Russians and all others. As per the data from Government of Dubai’s Land Department, Indians have once again topped the charts as the number one investor in Dubai realty with a whopping investment of Rs 13,600 crore ($2 billion) into the sector in the first half of 2016 alone.
“Dubai’s real estate market is becoming an attractive proposition to a multitude of international investors. However, no other nation invested more money into Dubai than India, with little over half-a billion dollars i.e Rs 3,400 crore worth of investments in 2011; the investments from Indians have gone up ten-times in the last four years.
Read more: Tribune India