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Dubai real estate to break $107bn record in 2023 for first time in history

Dubai real estate to break $107bn record in 2023 for first time in history
Dubai remains an appealing destination for investors seeking affordable opportunities with promising long-term returns.

The booming Dubai real estate market is expected to see record-breaking numbers this year, W Capital projects the figure to reach AED400 billion ($108.9 billion) for the first time in history, based on data from Dubai Land Department.

Currently, the market transaction value stands at AED393 billion ($107 billion), the highest number recorded in the market’s history.

News Source: Arabian Business 

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