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FINANCIAL NEWS
Qatar ranks first in per capita investment in Dubai realty
26 Feb 2014
(MENAFN) Qatar has the highest per capita investment in Dubai realty of USD1.826 million in 2013, followed by Oman, UAE, and Saudi in the fourth rank, according to Arab News.
The information was reported in the International Property Show (IPS) supported by the Dubai Land Department (DLD).
International real estate transactions reached more than USD31.02 billion in 2013.
Sultan Butti bin Mejren, director general of the Dubai Land Department, said: “The figures once again reinforce Dubai”s status as a top-notch real estate investment hub in the Gulf and beyond. I foresee even stronger regional demand in 2014 and this is where specialized events like IPS will help in maximizing per capita investment from neighboring regions and the world.”
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