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FINANCIAL NEWS
Real estate sales in Dubai top USD3.2bn
19 Jan 2017
(MENAFN) The first 15 days of this year has offered Dubai’s property market with Dh12bn worth of transactions were done amid the period in both the freehold clusters and outside.
Meanwhile, a unit in Burj Khalifa posted a sale of Dh18mn plus and another for Dh12mn, while Palm Jumeirah followed by selling home at Dh10.5mn worth.
Moreover, land-related transactions jumped to Dh7.5bn of these from 520 transactions,, with cash sales adding up to Dh3bn from 302 deals.
The largest investment deal amid the first fortnight was for a piece of land in the Zabeel 2 area, acquired for more than Dh584mn.
M
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