Dubai 's foreign market has attracted foreign investors from China , India , Britain and Iran in recent years , however Chinese citizens appear to decline , as 10 % of the population in Dubai is now Chinese . Chinese investment in Dubai 's real estate industry reached $ 350 m during 2014 , a 300 % increase compared to the previous year . Dubai ’s open financial environment , with no restrictions on capital inflows or outflows and a local currency pegged to the US Dollar , is attractive to Chinese investors . According to Lang LaSalle , Chinese investment in foreign real estate reached a record 16.5bn yuan in 2014 , and is expected to reach 20bn in 2015 .
Dubai's property market has attracted foreign investors from China, India, Britain and Iran in recent years, however Chinese citizens appear to dominate, as 10% of the population in Dubai is now Chinese. Chinese investment in Dubai's real estate industry reached $350m during 2014, a 300% increase compared to the previous year. Dubai’s open financial environment, with no restrictions on capital inflows or outflows and a local currency pegged to the US Dollar, is attractive to Chinese investors. According to Lang LaSalle, Chinese investment in foreign real estate reached a record 16.5bn yuan in 2014, and is expected to reach 20bn in 2015.