FINANCIAL NEWS

Dubai property transactions hit USD1.73b in Q1

10 Apr 2015

(MENAFN) Dubai’s property sector total sale transactions reached USD1.73 billion in the first quarter of the year, against USD1.23 billion in the fourth quarter of 2014, Arabian Business reported.

It is worth mentioning that the total number of transactions in the first quarter reached 3,896, compared with 2,573 signings made in the fourth quarter of the previous year.

“Prime residential areas continue to attract the bulk of investment appetite, with properties from Palm Jumeirah and Dubai Marina,” the head of Research & Consultancy UAE said.

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