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Follow on Google News | Asians dominate property investment in DubaiDubai properties sector has attracted hordes of investors from the Asian continent as it has started treaded towards recovery.
By: Bayut.com According to reports, Indians have become the biggest buyers of Burj Khalifa property. Most of this investment has been made into the commercial and residential space in Burj during the first six months of 2012. The total investment that came from Indian investments in Burj Khalifa property alone is US$222m. Pakistanis and Iranians are not far behind in this race and are two of the other major investors in the region. Because of a number of sanctions against Iran, Iranians investors cannot invest in many countries. The UAE in general and Dubai real estate in particular offer a safe haven for Iranian investors who also own some big companies of the region. Some of the other Asian countries whose investors are investing heavily in the UAE include Pakistan, Russia, Jordan and the Middle Eastern countries. Dubai Government, over the course of years, has made efforts to build the trust of investors and lasso their realty market out of the crisis and they have significantly been able to push it back on the path towards recovery. About Bayut – http://www.bayut.com is the prime Dubai property portal that is also the no. 1 choice of all Dubai estate agents, buyers, sellers, agencies and developers. Bayut is the host of hordes of property listings and offers the best buying, selling and renting advice via its forum, blog and news section to help investors make smart decisions. For more information please visit: http://www.bayut.com End
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