UAE property market shows turnaround
The number of property transactions and value of deals in Dubai rose 15.6 per cent and 10.6 per cent respectively in February compared with January, indicating a recovery is under way in the local real estate market.
The emirate’s residential sector recorded 3,814 transactions worth Dh7.43 billion ($2bn) last month, according to Data Finder, the real estate insights and data platform under the Property Finder group.
This brings the year-to-date total to 7,109 transactions worth Dh14.16bn.
“During the pandemic, it was very clear … Read more ›