A global collaborative investigative journalism project has uncovered the ownership of properties belonging to the global elite in Dubai.
The list includes political figures, individuals facing sanctions, alleged money laun_derers, and cri_minals. Among those named are several Pakistanis, whose combined property value is estimated at around $11 billion.
The project, called 'Dubai Unlocked', is based on comprehensive data providing insights into hundreds of thousands of properties in Dubai and their ownership details. The data, mostly from 2020 to 2022, excludes properties owned by companies and those located in commercial areas.
Acquired by the Centre for Advanced Defence Studies (C4ADS), based in Washington, DC, the data was then shared with Norwegian financial outlet E24 and the Organised Cri*me and Cor_ruption Reporting Project (OCCRP).
This collaboration involved reporters from 74 media outlets across 58 countries, unveiling numerous individuals with ties to real estate in Dubai, including convicted cri_minals, fugitives, and political figures.
The project's data highlights instances where property ownership has not been properly disclosed, raising questions about potential financial improprieties. It also sheds light on individuals associated with sanctioned networks and those implicated in cri_minal activities.
The data underscores the significant presence of Pakistanis in Dubai's real estate market, with approximately 17,000 owners holding 23,000 residential properties, valued at $11 billion. This represents a substantial portion of the overall foreign ownership in Dubai.
The list includes political figures, individuals facing sanctions, alleged money laun_derers, and cri_minals. Among those named are several Pakistanis, whose combined property value is estimated at around $11 billion.
The project, called 'Dubai Unlocked', is based on comprehensive data providing insights into hundreds of thousands of properties in Dubai and their ownership details. The data, mostly from 2020 to 2022, excludes properties owned by companies and those located in commercial areas.
Acquired by the Centre for Advanced Defence Studies (C4ADS), based in Washington, DC, the data was then shared with Norwegian financial outlet E24 and the Organised Cri*me and Cor_ruption Reporting Project (OCCRP).
This collaboration involved reporters from 74 media outlets across 58 countries, unveiling numerous individuals with ties to real estate in Dubai, including convicted cri_minals, fugitives, and political figures.
The project's data highlights instances where property ownership has not been properly disclosed, raising questions about potential financial improprieties. It also sheds light on individuals associated with sanctioned networks and those implicated in cri_minal activities.
The data underscores the significant presence of Pakistanis in Dubai's real estate market, with approximately 17,000 owners holding 23,000 residential properties, valued at $11 billion. This represents a substantial portion of the overall foreign ownership in Dubai.