The Dubai Land Department revealed that 68 real estate projects were launched during the first half of 2017 with a total value of 21 billion dirhams, while the number of new projects in the first half of 2016, which stood at 21 real estate projects.

According to the Dubai Land Department, the first half of this year saw the completion of 24 projects that had been initiated in previous years.

The Department noted that the market is bolstered by sufficient momentum to continue its upward growth trajectory, benefiting from local factors, foremost among which is the development of infrastructure projects, in addition to the secure environment enjoyed by Dubai and the UAE.