Dubai property deals stand at $2.62bn for first half of year
Complex Made Simple

Dubai property deals stand at $2.62bn for first half of year

Dubai property deals stand at $2.62bn for first half of year

According to official data, Dubai real estate transactions had reached Dhs9.63bn ($2.62bn) in the first six months of the year, Bloomberg has reported. The Land Department recorded 1,188 sales in the first half compared with a 2009 total of 2,327. The value of property sales last year slumped 72% from 2008 to Dhs19.5bn.

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