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FINANCIAL NEWS
Indians spend USD1.9bn in Dubai’s property market
19 Dec 2016
(MENAFN) Indian’s are the major foreign property buyer in Dubai, while they spent almost USD1.9bn on property in Dubai in the first half of this year.
Meanwhile, in the past four and a half years, Indian buyers of residential and commercial real estate in the country reached USD22bn.
Furthermore, for wealth managers in the area, Indian investors are a key client segment, which could become more numerous.
While the average rental yields are less than 3 percent in India and almost 4 percent in London and Hong Kong, yields in the UAE differ between 6-10 percent.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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