Revealed: how Dubai property deals soared in 2019 - Arabianbusiness:
Dubai registered a total of 41,988 real estate sales transactions in 2019, up 20 percent compared to 2018, according to new research.
Data Finder, the real estate insights and data platform under the Property Finder Group, said the figure represents the highest number of deals registered annually in Dubai since 2008.
It also follows the formation in September of the Higher Real Estate Committee to rebalance supply and demand.
The report said the committee has helped inspire market confidence, with both October and November seeing record number of transactions - 4,774 and 5,037, respectively.
December 2019 clocked 2,989 registered property sales transactions while other good months for property sales in Dubai last year were July (4,234), September (4,007) and May (3,512).
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