Dubai market sees ‘healthy’ off-plan deals

Dubai market sees ‘healthy’ off-plan deals
11/05/2019 , by , in INTERNATIONAL

Thirteen Dubai commercial property deals worth more than AED100 million ($27 million) each were reported during the first four months of 2019, according to new research.

Property Finder, the UAE-based real estate portal, said there were a total of 37 commercial real estate transactions priced above AED50 million which mostly involved schools, hospitals and land plots acquired by master developers.

Property Finder said the first quarter of 2019 continued to see a balance between off-plan and secondary market transactions in Dubai as a total of 9,317 transactions worth AED21.2 billion were registered.

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