Dubai real estate sector deals back to pre-pandemic level: Land department

The number of deals in October was at the highest level since June 2019

  
Night view of Dubai Marina reflected in water, Dubai, United Arab Emirates. Image used for illustrative purpose.

Night view of Dubai Marina reflected in water, Dubai, United Arab Emirates. Image used for illustrative purpose.

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RIYADH: Dubai’s real estate market has seen the highest value of deals since March 2019, according to data from the Dubai Land Department.

Figures show that in October, 5,352 transactions worth 13.12 billion UAE dirhams ($3.57 billion) were recorded.

The number of deals was at the highest level since June 2019.

The value of real estate sales transactions in the first 10 months of 2021 are more than the whole of 2020 and the highest since 2015, according to the data.

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