The year 2017 witnessed a remarkable growth in real estate activity in Dubai and its recovery from the repercussions of the global financial crisis, as the total real estate sales in progress recorded a growth of more than 244% in 6 years from 2012 to the end of 2017, and the total real estate sale transactions reached more than 148 billion dirhams in that period.

Last week, real estate transactions in the Dubai Land Department achieved 4.5 billion dirhams.

Last week, real estate transactions in the Dubai Land Department achieved AED 4.5 billion as 876 sales worth 2.5 billion were recorded, including 136 sales of land worth 1.4 billion and 740 sales of apartments and villas worth 1.1 billion.

The most important land sales worth 422 million came in Nad Al Sheba, and Wadi Al Safa topped 3 areas in terms of the number of sales with 18 sales worth 65 million.