Indians invest 2 dollars bn in Dubai real estate in H1 2015
Indians invested nearly 2 dollar billion in the Dubai's real estate during the first half of this year.
According to Dubai government's data, Indians were the most prolific foreign investors in H1 of 2015, with a total of 3,017 transactions worth more than 2 dollar billion, Sumansa Exhibitions President Sunil Jaiswal said.
Sumansa Exhibitions organises property expos. The company is bringing Dubai Property Show to India in November from 6-8 in Mumbai.
The characteristic Indian mindset of solidifying assets in multiple arenas compliments the dynamics of Dubai real estate that offers a number of options to buyers to accommodate their budget and preferences.
Recent trends of purchasing properties in locations such as Downtown Dubai, Dubai Marina, Jumeirah Lake Towers and The Palm also suggest that the buyers are looking at profitable dividends in the shape of rents and resale value, he said.