Dubai records $117bn of property deals in first nine months of year

<p>Dubai recorded 116,116 new property transactions worth about Dh429.6 billion ($117 billion) in the first months of 2023 amid continuing growth in the emirate&rsquo;s economy, according to the latest data from the Dubai Land Department.</p> <p>Total transactions surged 33.8 per cent on an annual basis, while values rose more 36.7 per cent during the period.</p> <p>&ldquo;This sector&rsquo;s growth aligns perfectly with Dubai&rsquo;s proactive economic agenda aimed at enhancing the emirate&rsquo;s competitiveness and attractiveness to global investors,&rdquo; said Sultan bin Mejren, director general of the Dubai Land Department.</p> <p><a href="https://medium.com/@valustrat/dubai-records-117bn-of-property-deals-in-first-nine-months-of-year-56619acf7c07"><strong>Website</strong></a></p>
Tags: Dubai records