Indians have been the top foreign investors in Dubai’s real estate sector when it comes to investors from outside the Arab world, surpassing capital input from wealthy investors from Europe, Americas and even Russia.
Indian investors put in AED 20.81 billion ($5.6 billion) into Dubai’s real estate sector in 2015. The amount was a 10 per cent increase from the AED 18.123 billion ($4.93 billion) Indians invested in Dubai in 2014.
Some major attractions of Dubai are it is only a few hours’ flight away. It is an important business and tourism hub as well as an operational base for global companies.
Apartment rental yields in Dubai fell between 7 per cent and 10 per cent. The average yields in other global real estate investment hubs like London (3.5%), Singapore (2.83%), Hong Kong (2.82%) and even India (2.22%) stand much lower than yields in Dubai, making the city extremely lucrative to investors.