Dubai Lands Department has recently revealed statistics, which show Britons topping the list of apartment owners in Dubai. The Lands Departmentâ€™s statistics also revealed that the majority of the owners of villas in Dubai are Indian citizens.
Dubai Lands Department also reported that a total of 13,774 apartments had been registered with them between 1963 and 2008. Out of these, nearly 20 percent of the apartments, or 2,755 units, were owned by British citizens. The next in line are Indians and Pakistanis, who share second place in the list of apartment owners by holding 14 percent of the market share.
Even though statistics show that they prefer to purchase apartments, British citizens nevertheless own 17 percent or 754 out of the 4,436 total villas registered. However, statistics released show Indians top the list of villa buyers by owning 932 villas or 21 percent of the total market.
Dubai Investment Property