According to top executives in the real estate market, property transactions activity surged to a seven-year high with a high chance of increased transactions also in 2021.

Trend

Only in January 2021, it has been registered a growth of 15.5% in terms of transactions number and 37% in terms of nominal value. There were recorded 3300 sales estimated at a value of AED 6.74 billion according to the Dubai Land Department.

The trend seems to be favorable as more residents are planning to stay in Dubai with a long-term view.

The most common type of properties that is currently being sold are villas in places like Nad Al Shara, DubaiLand Dubai Hills Estate.

 

full article here -> https://www.khaleejtimes.com/business/dubai-property-transactions-at-7-year-high-trend-set-to-continue-in-2021