{
  "id": 4799530,
  "title": "Gulf War Prompts Pakistanis to Pull Property Investments Out of Dubai",
  "url": "https://urgent.news/2026/09/01/gulf-war-prompts-pakistanis-to-pull-property-investments-out-of-dubai",
  "topic": "world",
  "section": "World",
  "published": "2026-09-01T05:38:13.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/09/01/gulf-war-prompts-pakistanis-to-pull-property-investments-out-of-dubai/"
  },
  "original_language": "en",
  "account": "The Gulf War has caused Pakistani property investors to withdraw their funds from Dubai, with a recent report by Dawn noting that thousands of Pakistanis have invested hundreds of millions of dollars in the country's property market. Prior to the war, Dubai was widely regarded as a safe haven for black money generated in Pakistan, with an estimated $60 million created monthly. However, currency dealers report that the situation has reversed, with black money now stuck in Dubai as the resulting war has made the city less appealing for investment and tourism. All Pakistan Builders Association Chairman Hassan Bakhshi stated that the higher remittances from Dubai indicate that Pakistanis are sending back their liquid assets. Property prices in Dubai's Defence area have increased significantly, up by 50% to 60%, due to the safety of titles and the absence of double filing or fake dealing. The impact of the war has led many tech companies to shift away from Dubai, citing issues with internet connectivity and excessive interference from tax authorities. Now, Pakistanis are stuck in Dubai, attempting to recover their investments as the Gulf war situation persists. Currency dealers predict that once normalcy returns, hundreds of millions of dollars will return to Pakistan from the Gulf, as Dubai has lost the confidence of foreign investors. Property dealers also note that property prices in Pakistan have begun to rise, with increases ranging from 20% to 25% in various areas, including Karachi.",
  "summary": "The Gulf war has curbed the outflow of black money from Pakistan to Dubai, while funds already invested are returning … Read More The post Gulf War Prompts Pakistanis to Pull Property Investments Out of Dubai appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}