Dubai Land Department Records AED 2.82 Billion in Real Estate Transactions in a Single Day

According to DLD there were AED 2. 82 billion real estate transactions on a single day. This outstanding figure points to increasing market velocities and investors’ optimism in regard to the Dubai property sector.

It is important to note that the transaction types include sales, mortgages, and grants of different types of properties; therefore, the list presents the dynamism of the Dubai’s real estate market. The increase in the number of transaction is caused by several factors such as relatively affordable property prices and healthy demand, and the efforts of this emirate to establish clear market and investor friendly vision.

Thus, the main mechanisms of the DLD are still vital in helping investors and stakeholders involved in property transactions achieve a smooth process. This latest accomplishment could be seen as a part of Dubai’s continuous strive to be considered as one of the most important international investment locations for real estate.

Key Highlights:

• Completing AED 2. 82 billion worth of its real estate deals in a single day.
• Sale, mortgage and/or grant of different kinds of properties.
• Points out to increased real estate business and investors’ activity in Dubai.

Such measures and new strategies are constantly being implemented in the DLD and new investors from all over the world are coming in to invest in the real estate of Dubai.