$8.47 billion invested by Brits in Dubai real estate

By Divi S.

DUBAI 2 May 2018: A large number of Emirati property developers are participating in the annual International Real Estate and Investment Show 2018, (Ireis 2018), hosted by London on June 22nd-23rd, 2018.

The UAE property sector is proving to be a hotspot over the past years for a large number of British investors who find the UAE real estate sector an ideal business-friendly landscape thanks to law taxes and robust and world-class infrastructure, said Wam.

Non-nationals may avail themselves a 100 per cent ownership opportunity in a select of areas. This is coupled with sustained government initiatives to boost real estate investments nationwide.

According to Dubai Land Department statistics released recently, Britons’ real estate investments in Dubai amounted to Dh31.1 billion, equivalent to US$8.47 billion, over the past four years.