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Dubai real estate businesses hit USD17.4b in Q1
(MENAFN) Dubai's real estate sector total deals contributed in a sum of about USD17.4 billion in the first quarter of the year, marking a surge by USD816.66 million year-on-year, Arabian Business reported.
The figures were issued by the Real Estate Research and Studies Department, which additionally pointed out that the total number of deals in the sector reached 11,603, with 8,000 of them worth USD6.5 billion.
"The figures in this report are showing a well-established trust in our real estate market, as well as full preparations and readiness with for quantum leaps in the next few years to receive the Expo 2020." The director general of the DLD said.
The figures were issued by the Real Estate Research and Studies Department, which additionally pointed out that the total number of deals in the sector reached 11,603, with 8,000 of them worth USD6.5 billion.
"The figures in this report are showing a well-established trust in our real estate market, as well as full preparations and readiness with for quantum leaps in the next few years to receive the Expo 2020." The director general of the DLD said.
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