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Cavendish Maxwell

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UAE: Dubai Property Transactions Hit 11-Year High
January 7th, 2020 - 07:26 GMT

UAE: Dubai Property Transactions Hit 11-Year High

Investors and buyers cashed in on lower property prices in Dubai as the number of transactions jumped 20 per cent to hit 11-year high of 41,988 in 2019 as compared to 34,961 transactions in the previous year. Data released by Property Finder revealed that the sale of off-plan properties took the lion's share, accounting for 23,643 transactions or 56.3 per cent of the total due to attractive prices and incentives ...
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About 29,000 residential units were delivered in 2018 and with actual materialisation rate of 40 per cent to 50 per cent more than 40,000 units are expected to be delivered this year.
October 17th, 2019 - 06:53 GMT

Affordable Units Drive Sales in Dubai's Soft Property Market

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