Foreign investors injected more than Dh22 billion in the real estate sector in Dubai, with Indian, Pakistani, and British buyers dominating the market, government data for the first half of 2012 showed.
Dubai’s Land Department, which issued its half-yearly report on Tuesday, says that the funds were used to buy 12,875 properties, including buildings, lands, apartments, and residential villas during the first half of 2012.
Indians purchased 2,153 properties at a value of Dh3.75 billion, followed by Pakistanis who bought 1,814 properties valued at Dh1.713 billion.
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