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PropertyPistol, a leading proptech platform founded by IIT‑Kanpur alumnus Ashish Narain Agarwal, has expanded its Dubai Desk operations after facilitating nearly ₹3,000 crore worth of real estate transactions in the UAE over the past three years. The move reflects rising overseas residential investments by Indian buyers, who now account for approximately 22% of global property purchases in Dubai.
The Dubai Desk functions as a dedicated cross‑border advisory platform, supporting Indian participation in the UAE real estate market. Over the last three years, PropertyPistol has sold 700–800 residential units in partnership with 58 developers across the UAE and advised on investment mandates exceeding ₹2,000 crore, including several high‑value deals above ₹5 crore.
Founded in 2012, PropertyPistol operates across 30+ cities in India and the GCC with a workforce of over 500 professionals. Backed by investors including ICICI Bank, Barings Private Equity, Ashish Kacholia, and Amit Jain (Founder of CarDekho), the company has facilitated more than ₹25,000 crore in transactions across residential and commercial segments, working with over 400 developers.
Dubai’s residential market continues to attract international capital, supported by tax‑neutral income structures, transparent regulations, and the emirate’s long‑term D33 economic agenda. Limited ready inventory, expatriate population growth, and strong rental demand have further reinforced price stability across key segments.
The Dubai Desk offers advisory services covering investment evaluation, access to RERA‑registered inventory, legal and documentation coordination, remittance guidance under India’s Liberalised Remittance Scheme, financing advisory, property visits, and post‑handover support including leasing and resale facilitation.
Commenting on the expansion, Ashish Narain Agarwal, Founder and MD, PropertyPistol, said: “Indian investors today are far more global in their outlook. Dubai offers a rare combination of lifestyle, safety, transparency, and strong returns. With Dubai Desk, we are focused on removing complexity from international real estate investing and offering a trusted, fully managed gateway for Indians looking to build long‑term global assets.”
PropertyPistol’s Dubai Desk now operates across Dubai, Abu Dhabi, Sharjah, and Ras Al Khaimah, alongside its offices in major Indian cities, aligning with the broader trend of rising outbound capital flows from India into global residential real estate markets.
