The Dubai Economic Outlook, Quarter 2 report for 2013 released by the Dubai Economic Council (DEC) has revealed that the GDP in real terms grew up by 4.7 per cent compared to the same period last year. The report says that the growth in four sectors, real estate, wholesale and retail, transportation and manufacturing has been encouraging. According to the report, Indian nationals made the largest purchase deals to the tune of 27 percent followed by British with 17 percent and Pakistanis by 15 percent.The Dubai Land department data released in July this year also revealed that Indians had purchased properties worth over 2.2 billion dollars, compared to 2.4 billion dollars they invested in the entire 2012. British nationals came second with investments worth 1.1 billion dollars compared to 1.36 billion in 2012. Pakistanis invested just below 1 billion dollars compared to 1.1 billion in 2012. Total investment of UAE nationals in the realty sector was 3.27 billion dollars, which equalled the entire amount they spent last year. Among the Arab investors, Saudi Arabia, Jordan and Lebanon took the major share in the realty sector.