DLD reveals real estate market transactions

Dubai real estate transactions exceeded AED 259 billion last year. The Dubai Land Department’s media report for 2016 reveals that the real estate market in the emirate is moving towards sustainable growth. Last year, 134 new projects were launched worth AED 100 Billion. His Excellency Sultan Butti Bin Merjen, Director General of DLD, predicts that the market in Dubai will gain further momentum in 2017, signalling an upward trend for sustained growth in the run-up to Expo 2020.

More from Business

Coming Up on Dubai Eye

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

  • The Debrief

    4:00pm - 7:00pm

    Join Dane & Lucy on Dubai Eye 103.8 for The Debrief from 4pm to 7pm, the perfect way to unwind after a busy day at the office.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!