Dubai property transactions hit $78bln in 2017 | ZAWYA MENA Edition:
"Dubai registered 69,000 real estate transactions exceeding Dh285 billion in 2017, according to the Dubai Land Department (DLD).
Sultan Butti bin Mejren, director-general of DLD, said: "The figures for total transactions including sales, mortgages and others confirm the current strength of the Dubai real estate market, in particular when compared against the past two years - 2015 and 2016."
Bin Mejren added: "The numbers confirm the strength of the Dubai real estate market and its ability to grow from year to year. Among the positive signs of the report is the lead UAE nationals have in investments, as well as the diversity of the investor base which reflects the attractiveness of the Dubai real estate market to global investors.""
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