(MENAFN) Dubai was declared to have concluded ninety property projects in 2017, with another 150, at an USD22.3 billion value, registered.
"A safe and transparent market environment" was explained by Dubai Land Department (DLD) to have driven for a year "filled with activity".
There also has been an "optimistic mood in market since the beginning of 2018", according to DLD's director general Sultan Butti bin Mejren.
He further stated "there is a strong coordination among all relevant government institutions including Dubai Land Department, as well as between developers and various parties in the market, to establish confidence among investors and achieve the highest degree of transparency in Dubai's real estate market."
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