During the first eight months of 2018, Dubai Real Estate market attracted 1000 investors who have completed 900 transactions worth over AED 12 billion, according to the latest report by Dubai Land Department. The results are very encouraging and demonstrate Dubai’s superiority and its distinctive positions a preferred international investment destination.
Forty-seven real estate projects were completed within this period that has provided a total of 14,000 diverse new properties – 10,000 apartments, 364 residential complexes, 2,258 townhouses, and 1,575 villas.
HE Sultan Butti bin Mejren, Director General of DLD, said: “Investors agree on a number of different interests and trends related to the Dubai real estate sector. The attractiveness of the market is based on a number of unique factors, especially the high guaranteed returns, the continuous rise in property values year after year, and the Emirate’s ideal environment for living, working, and visiting, making it a high-level investment option.”
His Excellency emphasized that Dubai’s attractive investment environment has been achieved by developers’ commitment to systems in place, which has pleased and ensured investors’ trust.
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