FINANCIAL NEWS

Dubai real estate market posts USD15.5bn

24 Jul 2016

(MENAFN) Arab and foreign investors poured USD15.51bn into Dubai’s real estate market in the first half of this year.

Moreover, the majority of them were from GCC States, which invested in the Dubai market amid the period.

Accordingly, the GCC citizens contributed USD5.98bn to the Dubai property market from 8.000 transactions.

In addition, Emirati investment amounted to USD3.95bn from 4.543 contracts, while Saudi citizens came in at second place with USD1.089bn.

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