Dubai records Dhs92b worth of realty transactions
2 hours ago
Inayat-ur-Rahman, Gulf Today
Dubai property sector is on a solid growth track and marching ahead despite the COVID-19 challenges. The City of Wonders has registered 25,455 real estate transactions worth Dhs92 billion from January - April 2021, thus achieving an increase of 51 per cent in terms of the number of transactions and 72 percent in terms of their value compared to the same period in 2020.
According to the real estate bulletin issued by Dubai Land Department (DLD) under the name ‘Real Estate Updates,’ the real estate sector showed robustness and an ability to adapt to various circumstances and developments.
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