Dubai Land Department reports AED 64 billion real estate transactions

DUBAI LAND DEPARTMENT REPORTS AED 64 BILLION REAL ESTATE TRANSACTIONS

Real estate transactions in Dubai hit AED64 billion in the first quarter of this year, according to new figures released by the Land Department.

Non-Arab investors accounted for the bulk of dealings, followed by Emiratis and buyers from the GCC.

Indians once again topped the list of expatriate property investors with transactions exceeding AED 3 billion, followed by Pakistani and British nationals.

Business Bay, Dubai Marina and Al Thunaya were some of the most-popular areas during the period, for sales deals.


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