<div>The Dubai land department's latest data indicates that Indians were the most prolific foreign investors in Dubai real estate during H1 2015, with a total of 3,017 transactions worth over $ 2 billion.</div><div> </div><div>Burj Khalifa, Business Bay, Palm Jumeirah, Dubai Marina most preferred locations for Indian property buyers who once again top the foreign property investment chart - a position they have consistently maintained for several years.</div><div> </div><div>"The characteristic Indian mindset of solidifying assets in multiple arenas compliments the dynamics of Dubai real estate that offers a number of options to buyers to accommodate their budget and preferences. Recent trends of purchasing properties in locations such as Downtown Dubai, Dubai Marina, Jumeirah Lake Towers, and The Palm also suggest that the buyers are looking at profitable dividends in the shape of rents and resale value," Sunil Jaiswal, President of Sumansa Exhibitions, said in a statement. The company is bringing Dubai Property Show to India in November from 6-8 at Bombay Exhibition Center, Goregaon (E).</div><div> </div><div>Amongst the factors responsible for the trend are relatively low property prices. The average ticket size for prime locations is around 2-4 million UAE Dirhams ($ 5.45 lakh to $ 1. 1 million), which is around Rs. 3.35 crore to Rs. 6.69 crore. The same ticket size in prime location in India would cost around Rs 5-10 crore.<br> </div><div>The Reserve Bank of India's latest move to allow investors to send up to $250,000 freely overseas to buy property has boosted the sentiment. Indian investors are increasingly exploring options in Dubai for a balanced real estate investment portfolio. </div><div> </div><div>Other factors that have boosted sentiment include proximity to India, rental yield from 4-7 per cent per year, better transparency in deals.</div><div> </div><div>According to the Dubai land department, residential apartments account for 60 per cent of India buyers' investments.</div><div> </div><div>"Prime property in Dubai is among some of the finest in the world and at the moment, in a softening market, represents excellent value-for-money. Identified as being one of Dubai's defining developments, The Palm Jumeirah is instantly recognisable and world-renowned for offering luxury homes in a unique location providing over 1,400 villas and 2,500 beachfront apartments", said Greg Lewis from Knight Frank, a leading independent global property consultancy.</div><div><br><img alt="" src="http://bw-image.s3.amazonaws.com/DWEB111111111_0.jpg" style="width: 572px; height: 284px;"></div><div> </div>
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