British, Russian and Indian buyers lead Dubai Real Estate in Q1 2023
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- May 4, 2023
- Dubai Real Estate
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According to the latest news, in the first quarter of 2023, Dubai Real Estate was dominated by British, Russian and Indian buyers, leaving Pakistan to join the top 10 Dubai Real Estate buyers. Investors from various countries such as Italy, Lebanon, Egypt, Turkey, France, China and UAE are top investors in Dubai real estate projects. The country has become very popular around the world when it comes to investing.
Read More: Dubai Launches New Electronic-Services Aiming To Modernize Real Estate Governance Processes
Here’s why investors from Europe and Russia have exceed the Indian subcontinent in Dubai’s real estate market:
- 100% Foreign Owned
- safe and stable economy
- Availability of the 10-year Golden Visa
- Dubai’s outstanding response to the Pandemic
Rising costs in Europe after the Russia-Ukraine War
It is worth mentioning that Pakistani investors were the 6th largest investors in the Dubai real estate market in 2022.
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