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Cross-border property demand report, August 2026

Data report · Updated monthly · Free to cite

Where in the world are people looking to buy property, and which countries are those buyers coming from? This is our own measurement, published free, covering 61 destinations. We update it every month.

The short answer. In this edition dubai leads, followed by miami and buenos aires. Buyers from India show their strongest relative interest in dubai, london, ras al khaimah. The index is rebased so the strongest destination scores 100, and it measures interest in buying, not completed transactions and not price growth.

The ranking

All 61 destinations measured against at least 10 origin countries. Index 100 is the strongest market in this edition.

#DestinationIndexBandLeading origin countries
1dubai100StrongestChina, India, Russia, Pakistan
2miami98StrongestChina, Argentina, Turkey, Brazil
3buenos aires97StrongestColombia, Mexico, Chile, United Kingdom
4london90StrongestIndia, Nigeria, Pakistan, Greece
5istanbul85StrongestChina, Russia, Uzbekistan, Lebanon
5tokyo85StrongestChina, United States, Australia, Indonesia
7porto84StrongChina, Turkey, United Kingdom, United States
8bucharest83StrongSpain, United Kingdom, Lebanon, Turkey
8belgrade83StrongChina, Turkey, Russia, Australia
10madrid82StrongChina, Morocco, Dominican Republic, Romania
11osaka80StrongChina, Singapore, Indonesia, Taiwan
11barcelona80StrongChina, Italy, Morocco, Argentina
13lisbon79StrongChina, Nigeria, Angola, Lebanon
13marrakech79StrongUnited Kingdom, Netherlands, Spain, Belgium
15ras al khaimah78StrongChina, India, Kazakhstan, Ukraine
16new york77StrongChina, France, Germany, Mexico
16panama city77StrongChina, Spain, Colombia, Chile
16paris77StrongChina, Lebanon, Morocco, Algeria
19athens75StrongChina, Lebanon, Turkey, Kazakhstan
20tbilisi74StrongChina, Russia, Armenia, India
20johannesburg74StrongChina, Ghana, Zimbabwe, Zambia
22marbella73StrongPoland, Ireland, United Kingdom, Netherlands
23abu dhabi72StrongChina, India, United Kingdom, Lebanon
24sharjah69StrongIndia, Pakistan, United Kingdom, Nepal
24cape town69StrongChina, Nigeria, Zimbabwe, India
26berlin68StrongChina, Spain, Netherlands, Denmark
26durban68StrongNigeria, India, Zimbabwe, Mozambique
28minsk65StrongTurkey, China, Ukraine, Lithuania
29maldives62ModerateIndia, China, Italy, United Kingdom
29bengaluru62ModerateMalaysia, Australia, United Arab Emirates, Singapore
31warsaw61ModerateChina, Spain, Vietnam, Lithuania
32jeddah60ModerateLebanon, Indonesia, Ethiopia, Nigeria
33seychelles59ModerateChina, Italy, United Kingdom, Belgium
33kuala lumpur59ModerateChina, Japan, Indonesia, Nigeria
35doha57ModerateSaudi Arabia, United Kingdom, Lebanon, Nepal
36chennai56ModerateSingapore, Australia, Malaysia, Saudi Arabia
36brisbane56ModerateChina, Nepal, India, Sri Lanka
36pune56ModerateJapan, Canada, Australia, United Kingdom
36mumbai56ModerateNigeria, Australia, United Kingdom, Hong Kong
40melbourne54ModerateChina, Nepal, India, Vietnam
40hyderabad54ModerateUnited States, Australia, Saudi Arabia, Canada
40amsterdam54ModerateChina, Japan, India, Turkey
40ahmedabad54ModerateSouth Africa, Australia, United Arab Emirates, Canada
40perth54ModerateChina, Nepal, Indonesia, India
45gurgaon53ModerateUnited Kingdom, Australia, Hong Kong, Canada
45adelaide53ModerateChina, Nepal, Philippines, Bangladesh
45greater noida53ModerateUnited Arab Emirates, Canada, United Kingdom, Australia
48singapore52ModerateChina, South Korea, Japan, Philippines
48sydney52ModerateChina, Nepal, India, Sri Lanka
48lahore52ModerateAfghanistan, Oman, Norway, United Arab Emirates
51noida51ModerateAustralia, United Arab Emirates, Saudi Arabia, United Kingdom
52riyadh46ModerateKuwait, Indonesia, Nepal, Sudan
52bangkok46ModerateChina, Japan, Russia, South Korea
52grozny46ModerateUzbekistan, Turkey, Kazakhstan, Tajikistan
55nairobi42EarlyChina, Nigeria, Tanzania, Uganda
56muscat41EarlyLebanon, India, Pakistan, United Kingdom
57ho chi minh city37EarlyChina, Japan, Australia, Philippines
58dammam34EarlyPakistan, India, Lebanon, Nepal
59phuket30EarlyChina, India, Russia, Ukraine
60manila26EarlyChina, India, Australia, Japan
61bali23EarlyChina, India, Russia, Singapore

Markets restricted to foreign buyers

These markets are measured like every other, but their foreign-purchase lane is closed or heavily restricted by law. Ranking them against open markets on cross-border demand would be misleading, so they are reported here with the constraint that actually governs them, and with their domestic demand, which is the market a developer can sell into today.

Toronto

Domestic demand (Canada): 54 — this is the addressable market today.

  • Foreign buyers cannot purchase residential property until 1 Jan 2027 (until 2027-01-01)
    Canada's Prohibition on the Purchase of Residential Property by Non-Canadians Act bars non-citizens and non-permanent-residents from buying residential property in a metropolitan area. Narrow exemptions exist for work-permit holders, some students and refugees.
    Target Canadian residents now. Build the overseas pipeline for a 2027 opening rather than selling to foreign buyers today.
  • Foreign buyers pay a combined 35% speculation tax — and this outlasts the ban
    Ontario Non-Resident Speculation Tax 25% plus Toronto's Municipal NRST 10% (effective 1 Jan 2025), on top of provincial and municipal land transfer tax.
    Even after the 2027 opening this is not a Dubai-style foreign-buyer market. Read Toronto as domestic-led with a heavily penalised foreign lane.
  • Canada publishes no buyer-nationality breakdown
    Statistics Canada's CHSP reports non-resident ownership RATES only (Toronto CMA 3.4% of properties, 7.6% of condominiums) and Ontario's NRST receipts are not published by buyer country.
    Origin rankings for this market are modelled, not measured. Treat them as directional and lead with the domestic picture.

Where buyers from each country are looking

The same measurement read the other way round: pick an origin country and see which destinations its buyers are most drawn to.

Where buyers from India are looking

Where buyers from United Arab Emirates are looking

Where buyers from United Kingdom are looking

Where buyers from United States are looking

Where buyers from Saudi Arabia are looking

Where buyers from Pakistan are looking

Want the deeper version?

This free report is country level and directional. The live platform behind it goes considerably further, market by market and buyer nationality by buyer nationality.

See the live demand platform

Method, in plain language

We measure how strongly people in one country are looking at buying property in another, using aggregated public interest signals, and we combine those into a single country-level score per corridor. The scores are then rebased so the strongest destination in the edition reads 100, which is what makes markets comparable at a glance.

Two deliberate limits. Demand is reported at country level on the buyer side: we name the countries buyers are searching from, not the cities within them (destinations themselves are named as the city or market being bought into). And it is directional: it shows relative standing and movement, not an absolute volume and not a forecast.

Coverage is honest rather than flattering. A destination only appears if it was measured against at least 10 origin countries, because ranking a market measured against a handful of countries beside one measured against dozens would be a false comparison. No destination was excluded from this edition: every market measured met the coverage floor.

Measurement period ending 2026-08-26. Figures move between editions, which is the point of publishing it monthly.

What this is not

Free to cite. Journalists, researchers and writers are welcome to use these figures with attribution. Cite as: DollarBanao Cross-Border Property Demand Report, August 2026. https://dollarbanao.com/property-demand-report.html

A machine-readable version of this edition is published at demand-report.json.

Frequently asked questions

Which property market is the most in-demand to buy in right now?
In this edition Dubai leads the index, followed by Miami and Buenos Aires. These are city-level property markets, not countries. The index is rebased so the strongest market scores 100, and it measures relative interest in buying, not transactions completed and not price growth.
Where are Indian buyers looking to buy property abroad?
Across the destinations covered in this edition, buyers from India show the strongest relative interest in dubai, london, ras al khaimah. This reflects measured interest in buying, not confirmed purchases.
What does the demand index actually measure?
It is a directional, country-level measure of how strongly buyers in one country are looking at buying property in another, built from measured public interest signals and rebased so the strongest destination scores 100. It is not a price forecast, not a transaction count, and not a recommendation to buy anywhere.

Educational and informational only, not financial advice and not a recommendation to buy property in any market. Figures are a directional measure of interest, not a forecast of prices or returns, and they change between editions. Property investment carries risk including the loss of capital. Consider speaking with a licensed advisor about your own circumstances.