Dubai’s property transactions total AED 113bn in 6M

Dubai-Mubasher: Real estate transactions in Dubai amounted to AED 113 billion through nearly 28,250 deals during the first six months of 2016, according to a recent statement issued by Dubai Land Department.

Property sales reached AED 48.71 billion which accounted for 43.11% of overall transactions’ value for over 20,000 deals.

Mortgages formed 42.8% or a value of AED 48.36 billion through around 6,390 deals, the statement noted.

 

Mubasher Contribution Time: 19-Jul-2016 09:30 (GMT)
Mubasher Last Update Time: 19-Jul-2016 09:31 (GMT)