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MENAFN - Khaleej Times - 24/02/2013

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(MENAFN - Khaleej Times) Property services firm Hamptons Mena has recorded a growth in property sales transactions of 19 per cent in January over the same period in 2012.

Continuing the trend that was reported in 2012 of demand for property in established communities dominating the real estate landscape, Hamptons Mena posted robust sales growth in integrated lifestyle communities such as Jumeirah Lake Towers, Jumeirah Beach Residence, Downtown Dubai, Emirates Living, Arabian Ranches and Dubai Marina, among others.

"The property sector dynamic of Dubai has opened on a strong note this year, with robust sales and rental demand in the established communities. In addition to demand for upcoming properties, the market is witnessing demand for end-user homes," head of operations Niraj Masand said.

"We expect the positive trend to continue through the coming months, especially with Dubai recording impressive growth in its core sectors."

 






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