A collaborative investigative journalism initiative uncovers the wealth of the world’s most influential people in Dubai.
Called Dubai Unlocked, the project is based on comprehensive data on hundreds of thousands of properties in Dubai, with details of ownership or occupancy, mainly from 2020 to 2022.
Pakistani nationals are also included in the list, with total assets estimated at around $11 billion.
The disclosure covers approximately $400 billion in assets owned by non-citizens, including $11 billion in assets owned by Pakistanis.
The “wealth leak” revealed the names of several politicians, civil servants and retired civil servants from around the world. Between them, Pakistanis own $11 billion worth of property in Dubai, making them the second largest non-resident property buyers in the city.
According to Property Leaks, 17,000 Pakistanis bought 23,000 properties in Dubai. Indians are the main buyers of property in Dubai, with 29,700 Indians owning 35,000 properties in the city.
In addition, there are 19,500 British residents in Dubai and 22,000 property owners. The total value of properties bought by British citizens in Dubai is $10 billion. At least 8,500 Saudi citizens bought 16,000 properties in Dubai worth more than $8 billion.