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Date: 01/12/2008

Dubai real estate market attracts over Dh132mn from Chinese investors in 2008

Sino investors have ploughed in over Dh 132 million into the real estate sector in Dubai in the first three quarters of 2008, according to, the world's first and leading global online information services provider.

Charlie Nixon, Regional Manager Asia said: "We have noticed that Asian investors, particularly the Chinese, have remained strongly committed with their investment activities in Dubai. The past three quarters are particularly relevant as the global financial crunch hit hardest during this period. Yet, as reflected by latest available figures, investors from these countries have continued to actively invest in real estate projects all over the UAE." has recently hosted a high-profile ‘Investment Seminar' as a part of its participation at MIPIM Asia, the world's premier real estate summit. According to official statistics from DUBAIFocus, a joint initiative between and the Dubai Land Department, Chinese investors currently comprise the fifth biggest segment of Asian investors in Dubai.