The real estate market in Dubai recorded its highest-ever first-quarter sales volume, with more than 19,000 real estate transactions, The U.S.-based real estate services firm CBRE reported a rise in demand for residential homes from both residents and international buyers.
The group’s data showed that average housing prices rose by 11.3% year-over-year through the end of last March, with average apartment prices rising by 10 percent and villa prices by 20%.
