FINANCIAL NEWS

Dubai’s real estate transactions worth USD64.2 b in 2013

19 Jan 2014

(MENAFN) Dubai’s real estate transactions reached more than USD64.2 billion in 2013 compared to USD41.91 billion in 2012, according to Arabian Business.

Dubai Land Department reported that land mortgages reached USD45.18 billion, and USD16.87 billion of housing unit mortgages and sales in 2013.

The department also reported that the figures showed a boost by 53 percent for the year compared to 2012.

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