According to the Dubai Land Department’s latest updates, investments continue to stream into Dubai‘s real estate sector (DLD).
Moreover, DLD explained that the real estate sector saw a steady flow of investments in May, with 5,359 deals totaling more than AED11 billion ($3 billion).
In May, 6,021 property related transactions totaling AED21.8 billion were reported. Property sales accounted for the majority of transactions (74%) as a result.
Over the previous month a considerable increase of 197 percent in volume and 221 percent in value is recorded.