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FinancialNews


  • 10-06-19

    33 percent jump in Dubai property deals

    (MENAFN) Dubai stood at USD9.26 billion in the value of its real estate dealings, marking a 33 percent surge from January to May 2019.

    Based on the Dubai Land Department (AED) statistics, Dubai hit USD4.63 billion in the value of transactions made for residential and commercial apartments during the five-month period.

    By May, Dubai also reached USD3.81 billion in the value of transactions secured for land acquisitions.

    Meanwhile, transactions sealed for villa purchases in Dubai recorded USD816.77 million during the period.

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