Indians are among the top non-Arab property investors
in Dubai, next only to British nationals who top the list.
About 119 Indians have registered properties in their
names, second only to 124 British expatriates, according
to records with the land department.
are followed by Iranians who number about 59 and property
owners of Pakistan origin who number 39.
governments' investment in property projects have attracted
expatriate capital and helped create unprecedented investment
opportunities for UAE nationals and expatriates alike,"
media reports quoted Sultan Butti bin Mijrin, director-general
of Dubai's land department, as saying.
development projects in Dubai have so far attracted 3,164
UAE nationals who have registered their properties in
specific developments. Dubai government has also offered
freehold property ownership to expatriates as well in
some specific projects.
property projects include multi-billion-dollar developments
like the seaport on the island of Bubiyan, tourist facilities
on Failaka and Madinat Al Hareer or the City of Silk.