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Women invest USD3.62b in Dubai’s property sector in 2012

26 Mar 2013

(MENAFN) The Dubai Land Department (DLD) stated that in 2012, the value of investments made by female investors in the emirate’s real estate sector reached USD3.62 billion, up from USD2.85 billion in 2011, reported Emirates 24/7.

The department added that the amount accounted for 23 percent of Dubai’s total property market, up slightly from the 22 percent in 2011.

The DLD added that the number of female investors was 5,434 in 2012, up from 4,704 in the previous year.

According to Director of Residential at Knight Frank, Helen Tatham, although the number of women investors in the emirate’s real estate market is still small compared with male investors, however, the portion is gradually growing, as property is a tangible investment that women favor over stocks and shares.

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