Pakistani investors are making a big mark in Dubai’s real estate sector, now ranking fifth among the top foreign property buyers. This is a significant jump from last year when they were in seventh place. The report, published by Betterhomes, highlights the growing interest of Pakistani investors in Dubai’s booming property market.
Dubai’s Real Estate Market on the Rise
Dubai’s property sector has seen incredible growth, with total transactions reaching AED 423 billion in 2024. This marks a 30% increase compared to the previous year. The demand for luxury properties, especially in prime areas like Palm Jumeirah and Downtown Dubai, has soared. These locations have outperformed major real estate markets in cities like London and New York, attracting high-net-worth individuals from around the world.
Indian buyers remain at the top of the list, followed by British investors. Interestingly, Russian buyers, who were previously in third place, have now dropped to ninth. Meanwhile, Turkish investors hold the tenth spot. The shift in rankings shows how Dubai is constantly evolving as a real estate hub, attracting new investors from different regions.
Why Dubai is a Hotspot for Investors
Dubai offers a secure and profitable investment environment, making it a top choice for property buyers. The city’s long-term real estate strategy aims to push the market’s value to AED 1 trillion as its population is expected to grow to 4.34 million by 2027. Experts predict property prices will rise by 5% to 8% this year, which makes it an ideal time for investors to enter the market.
Apart from property investments, Dubai’s hospitality sector is also benefiting from the real estate boom. Luxury hotels are experiencing high occupancy rates, further strengthening the city’s reputation as a leading global investment destination.
With its investor-friendly policies, high returns on property investments, and growing economy, Dubai continues to be a prime choice for Pakistanis and other international buyers. As the market expands, more opportunities are emerging for investors looking to secure valuable real estate in one of the world’s most dynamic cities.
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