Pakistani investors are making a strong impact on Dubai’s real estate sector, moving up to fifth place among top foreign buyers, according to a report by Betterhomes. Last year, they were ranked seventh.
The report shows that Indian nationals remain the largest group of buyers, followed by British investors. Russian buyers, previously in third place, have now fallen to ninth, while Turkish investors have taken the tenth spot.
Dubai’s property market has seen remarkable growth, with transactions reaching AED 423 billion in 2024—an increase of 30% compared to the previous year.
Luxury properties, especially in Palm Jumeirah and Downtown Dubai, have outperformed real estate markets in cities like London and New York.
Experts predict that property prices will rise by 5% to 8% this year, with growing demand from international investors. Dubai’s long-term real estate strategy aims to push the market’s value to AED 1 trillion as the city’s population is projected to reach 4.34 million by 2027.
The ongoing real estate boom is also benefiting Dubai’s hospitality industry, with five-star hotels seeing significant growth, further strengthening the city’s position as a key global investment hub.