Dubai property transactions down almost 50% in some areas but signs of uptick | The National

Dubai property transactions down almost 50% in some areas but signs of uptick | The National:

"The number of housing transactions in Dubai may have plummeted this year by nearly half, but analysts say that there are signs of an uptick in some areas.

According to the property data company Reidin, the number of property sales in some parts of the city has fallen by more than 45 per cent since the most recent peak in 2013.

In its most recent report, Reidin found that the number of sales conducted during the first nine months of the year in Dubai Marina fell to less than 1,500 compared with 2,250 during the same period last year and about 2,700 in 2013."



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