Sunday 23 September 2018

Dubai real estate transactions top $35bln in 8 months | ZAWYA MENA Edition

Dubai real estate transactions top $35bln in 8 months | ZAWYA MENA Edition:

Dubai Land Department (DLD) said that its service centres across Dubai have served more than 39,000 investors, after helping them complete their investments with a total value of Dh131 billion ($35.6 billion) from January to August.

In the latest report issued by DLD, the number of transactions provided in service centres during the period mentioned amounted to 42,000, distributed between 24,000 transactions for the transfer of ownership, and 18,000 that provided excellent services to investors.

Sultan Butti bin Mejren, director general of Dubai Land Department commented: “The demand for service centres is evident due to the completed transactions of more than 39,000 investors, valued at more than Dh131 billion. This confirms the success of this project, which aims primarily to provide the department's services throughout Dubai to achieve the strategic vision of the Dubai Plan 2021 which aims to position the Emirate as the best global destination for living, working, and visiting.”

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