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| Dubai |
British nationals and Indians are amongst the top non-Arab property buyers in Dubai. Of the total number of registered expatriate property owners in the emirate, 124 are citizens of the UK and 119 are Indians.
"Local 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.
Aside from Britons and Indians, Iranians and Pakistanis have so far displayed great interest in the ongoing property boom in Dubai. Over 59 Iranian nationals are registered property owners in this tax-free haven and the number of Pakistani property owners amount to 39. Currently riding the wave of realty boom and with a stable economy, Dubai is gradually positioning itself as the commercial and residential hub of the Middle East.
(Source: domain-b.com)
