Friday, June 23, 2017

Dubai property transactions hit AED42 billion within first 45 days of 2017

The value of real estate transactions in Dubai reached AED42 billion within the first 45 days of this year, nearly half of all investments last year.

The Dubai Land Department (DLD) said 2016 saw 42,000 investors pouring AED91 billion into the market.

The figures were released ahead of the International Property Show, which takes place in April.

More than 16,000 visitors are expected to attend this year’s event.