Investors from India, Pakistan and the United Kingdom top the list of real estate investments in Dubai in 2014, as it prepares to host the emirate version 13 of Cityscape Global
Dubai, United Arab Emirates: Emirati sent a clear message to investors from around the world, to the effect that the Middle East continues to be a safe place for investment, and that after spending billions of dirhams for real estate in Dubai during the first half of 2014.
According to the Department of land in Dubai, exceeded the total Gulf investments in the real estate market in Dubai AED 19 billion, 66 percent of which go back to trading UAE nationals, which confirms reinforce investor confidence in the real estate sector is booming.
These figures come at a time when he is preparing thousands of investors from around the world to go to the biggest real estate exhibition in the Middle East, Cityscape Global, which will be held next month at the Dubai World Trade Centre.
From the outside the Gulf Arab states were multinational Indian, Pakistani and British are formed the largest number of the pioneers of the exhibition over the three day in the year 2013, and sees the tendon Moulman, Group Director, Cityscape, that the success of government policies in market regulation contributed to restore the confidence of foreign investors and consolidation.
Said Moulman: "According to figures issued by the Department land in Dubai, it has surpassed the total real estate transactions International 114 billion AED in 2013, about half the transactions total amounting to 236 billion dirhams. Has conducted the citizens of 162 countries real estate deals in Dubai, which confirms the durability and stability of the market. "
He added: "this year also witnessed a boom in the real estate sector, where investors have spent from India, Pakistan and the United Kingdom more than AED 10.8 billion in the real estate sector in the emirate, which constitutes 31 percent of the total investments in the first quarter of 2014."
source: www.zawya.com
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