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Dubai records real estate transactions worth AED 15.45bn this week
Discover the latest in Dubai's property market with AED 15.45bn worth of real estate transactions recorded this week, including prime properties in Al Barari, Al Furjan, and Palm Deira. Learn about the rental market surge and increased office rents in Q1, reported by CBRE.
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Transactions included properties in Al Barari, Al Furjan, and Palm Deira
The Dubai property market has recorded transactions worth AED 15.45 billion this week, according to the latest data from Dubai Land Department (DLD).
According to the data, transactions included:
- A property transaction in Al Barari worth AED 5.2 million
- A hotel apartment in Al Furjan worth AED 1.4 million
- A house in Palm Deira worth AED 3.2 million
On Saturday, Arabian Business reported that the Dubai and Abu Dhabi property market saw increased office rents in the first quarter of this year, according to CBRE’s office market review.
Dubai’s rental market saw strong activity in the first quarter of the year, according to data from the Dubai Land Department. The total number of rental registrations reached 46,850, representing a 35.8% increase compared to the same period the previous year.
Source: arabianbusiness.com
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