Dubai real estate sees 50 per cent summer sales increase
The Dubai real estate sector recorded AED102bn ($27.8bn) of sales this summer, according to data released by W Capital.
The real estate brokerage said the value of sales this summer was 50 per cent higher than the summer season of last year, which amounted to AED68bn ($18.5bn).
The number of transactions also increased by 30 per cent to 33,600 transactions this summer, compared to 25,677 transactions for the same period last year.
