Dubai’s real estate market is becoming an attractive proposition to a multitude of international investors. According to data from the Dubai Land Department (DLD), released by its Real Estate Research and Studies Department, total investment transactions for the first half of the year reached Dh57 billion from 26,000 investors made up of 149 different nationalities. Leading the property investors were buyers from the GCC, contributing Dh22bn to Dubai’s property market covering 8,000 transactions, just over a quarter of the total number. Of this, Emirati investment provided the lion’s share, with total transactions reaching Dh14.5bn from 4,543 investments, while GCC investors made up Dh7.5bn from 3,656 transactions. While Dubai’s real estate market has suffered a string of calls in recent months citing its bottom, the DLD data suggests many still see opportunity in it. The total value of foreign investment into Dubai property reached more than Dh28bn, almost half the value of transactions, drawn from more than half of the investments – 14,314 investments out of the 26,000 were from foreigners Dubai Investments has 46 subsidiary companies, over 23,500 shareholders, and paid-up capital of AED 2.1 billion. It is the largest investment company listed on the UAE stock exchange, and invests in "viable and profitable companies", according to its web site.
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