Dubai – Mubasher: Dubai’s real estate market has witnessed a strong beginning in 2017, generating transactions worth AED 12 billion in the first 15 days of 2017, according to a statement.
Land plots recorded 520 transactions worth AED 7.511 billion in the first two weeks of 2017.
Land sales generated 306 transactions value at over AED 3 billion, while mortgages reported 190 transactions worth AED 4 billion.
The fourth quarter of 2016 witnessed major transactions in many areas; two land plots in Al Hebiya 4 were sold for AED 900 million, while another land plot in the same area was estimated at AED 750 million.
