17,000 Pakistanis have bought 23,000 properties in Dubai
– A collaborative investigative journalism initiative has unveiled the property ownership of influential figures worldwide in Dubai. Named 'Dubai Unlocked', the project relies on data offering an extensive insight into hundreds of thousands of properties in Dubai, along with details regarding their ownership or utilisation, primarily spanning the years 2020 to 2022.
Pakistani nationals are also among those listed, with their collective property holdings estimated at approximately $11 billion. The revelation includes approximately $400 billion worth of properties owned by non-residents, including $11 billion worth of properties owned by Pakistanis. The "Property Leaks" expose the names of several political figures, government officials, and retired civil servants from around the world. Among them, Pakistanis own $11 billion worth of properties in Dubai, making them the second-largest group of non-residents purchasing properties in the city. According to the “Property Leaks”, 17,000 Pakistanis have bought 23,000 properties in Dubai. Indian citizens lead among non-residents purchasing properties in Dubai, with 29,700 Indians owning 35,000 properties in the city. Additionally, there are 19,500 British citizens who own 22,000 properties in Dubai. The total value of properties purchased by British citizens in Dubai amounts to $10 billion. At least 8,500 Saudi citizens have bought 16,000 properties in Dubai, totalling over $8 billion.LHC orders action against Nikah registrar in underage marriage caseBritish high commissioner calls on Bilawal Bhutto
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pakistan Embassy in Dubai’s New Passport Section TimingsThe Consulate General of Pakistan in Dubai, UAE, has been diligently catering to the needs of Pakistani expatriates in the
Read more »
Heavy rains in UAE lead to 17 flight cancellations and 3 diversionsInclement weather disrupted flight operations at Dubai International Airport (DXB) on Tuesday, causing cancellations, delays
Read more »
Nadra Office Timings in Dubai for PakistanisThe National Database and Registration Authority (NADRA) office at the Pakistan Consulate General in Dubai, UAE, provides
Read more »
Lacking storm drains, Dubai sees persistent floodingThe failure of water to drain away has proved a major obstacle to recovery efforts in Dubai.
Read more »
Flights cancelled, schools, offices shut amid heavy rains in UAEDubai announced work-from-home for government employees on May 2 and May 3
Read more »
Dubai Unlocked: 23,000 residential properties of 17,000 Pakistanis unearthedLatest News, Breaking News, Pakistan News, News Headlines, Election Pakiatan
Read more »
