MarketTrends

Dubai Real Estate Achieves AED 3 Billion in Transactions on Tuesday, DLD Reports

Dubai Real Estate Achieves AED 3 Billion in Transactions on Tuesday, DLD Reports

As per the latest data released by the Dubai Land Department (DLD), Tuesday witnessed a robust performance in the Dubai real estate market, with a staggering 530 sales transactions amounting to AED 2.35 billion. In addition to these sales, the day recorded 135 mortgage deals totaling AED 564.27 million and 55 gift deals with a combined worth of AED 180.68 million. Read this also : Abu Dhabi Office Sales...

Shifting Dynamics: Surge in End-User Buyers Reshaping Dubai Real Estate

Shifting Dynamics: Surge in End-User Buyers Reshaping Dubai Real Estate

The landscape of Dubai's real estate market witnessed a notable shift in 2023, with the percentage of end-user buyers rising from 38% to 44%, according to the latest report released by Betterhomes on Thursday. Dubai recorded a staggering 120,742 residential sales transactions in the fiscal year 2023, marking a remarkable 38% increase compared to the previous record set in 2022 at 87,454 transactions....

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