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Dubai: the highest real estate transactions in 8 years, recorded in June

Dubai: the highest real estate transactions in 8 years, recorded in June

The volume of real estate transactions in June reached the highest level in 8 years and was 44.33% more than in May 2021.

In June, Dubai recorded the highest volume of real estate transactions since December 2013 – 6,388 transactions worth 14.79 billion AED, bringing the total value of transactions for the year to 61.97 billion AED.

The impressive growth, according to real estate experts, was due to high demand from ordinary buyers and investors against the backdrop of a reviving economy, visa reforms and successful vaccination.

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