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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.
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BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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