The Abu Dhabi and Dubai ruling families have long been keen buyers of London real estate, but scrutiny of the Panama Papers – the leak of 11.5m files from offshore law firm Mossack Fonseca – and UK Land Registry data reveals the Fujairah ruling family is also very enthusiastic about property in the UK capital. The Panama and UK sources show that Fujairah’s small Al-Sharqi family has spent more than £67m ($97.7m) in or near London in the past eight years.
Subscribe to Gulf States Newsletter