Real estate transactions worth more than AED 158 billion were recorded in Dubai during the past eight months, according to Land Department figures. Property sales accounted for the bulk of activity, followed by mortgages and land transactions. June, July and August were the busiest months, when almost 40% of the deals were closed. Business Bay, Dubai Marina and Burj Khalifa were the most popular areas for unit sales, while land investors favoured Seeh Shuaib 1 and Sheikh Mohammed Bin Rashid Gardens.
Dubai Taxi Company to acquire National Taxi
Dubai Holding becomes largest shareholder of Emaar Properties
Abu Dhabi gets AED55 billion boost for 24 infrastructure projects
Abu Dhabi aims for 80% local materials in housing projects
UAE Central Bank support package reaches AED 6.2 billion
