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Property in Dubai still a strong investment option, says AAA
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Published by
John M Paul
Property in Dubai still a strong investment option, says AAA
Smart investors from the growing economic power that is India are putting their cash into real
estate in Dubai, in a move that could prove a sound alternative investment...
[More]
Property in Dubai still a strong investment option, says AAA
Smart investors from the growing economic power that is India are putting their cash into real
estate in Dubai, in a move that could prove a sound alternative investment strategy, according
to AAA.
Boston, MA, August 16, 2012 - Smart investors from the growing economic power that is India are
putting their cash into real estate in Dubai, in a move that could prove a sound alternative
investment strategy, according to Alternative Asset Analysis (AAA).
The figures from the Real Estate Investment Promotion and Management Centre at the Dubai
Land Department, since the laws on foreign buyers changed, investors from India have purchased
2,153 properties in the country.
The second most avid foreign property buyers in Dubai are
Pakistanis, who are responsible for the purchase of 1,814 properties.
In total some 12,875 properties, including land, apartments, villas and other properties, have
been purchased by foreign buyers.
Majid
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