Dubai property transactions tumble 69 per cent | The National:
"The stand-off between sellers and buyers of residential property in Dubai has led to the number of deals completed falling by more than two-thirds, according to JLL.
In its Dubai Q2 Market Report issued today, the firm’s Mena head of research Craig Plumb said Dubai Land Department figures show a 69 per cent drop in residential transactions during the first half of 2015, with 7,400 deals completed, compared to 23,800 in the same period last year.
The aggregate value of sales also dropped by 66 per cent to Dh12.7 billion."
'via Blog this'
No comments:
Post a Comment