A total of 3,164 real estate transactions worth Dhs8.6 billion were conducted during the week ending 24th March, 2023, according to figures released by the Dubai Land Department (DLD).
Rents in Dubai are increasing rapidly, with average annual rent reaching Dhs99,737 after a 1.5 per increase on a month-on-month basis in February.
A total of 1,791 real estate and properties transactions valued at Dhs8.5 billion were registered during the week, according to a report issued by the Dubai Land Department (DLD) on Thursday.
As the Dubai real estate market staged a strong recovery this year, its prime areas remained in demand throughout the year because of their strategic locations,
Surging 43 storeys high and spanning 406,000 square metres, the ultra-luxury resort is a unique addition to Dubai’s spectacular skyline as well as the city’s hospitality attractions.
From 6 am, buyers and investors of various nationalities competed at the Nakheel Properties sales center, located at the entrance to Palm Jumeirah, to win opportunities to own a luxury villa or a plot of empty land within the newest waterfront urban development areas in Dubai.