Transactions included properties in Al Barari, Al Furjan and Palm Deira
The Dubai property market has recorded transactions worth AED15.45bn this week, according to the latest data from Dubai Land Department (DLD).
#Dubai’s @Land_Department registers property transactions worth AED 15.45 billion during this week x.com
— Dubai Media Office (@DXBMediaOffice) May 25, 2024
According to the data, transactions included:
A property transaction in Al Barari worth AED5.2m, a hotel apartment in Al Furjan worth AED1.4m and a house in Palm Deira worth AED3.2m.
On Saturday, 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.
