New regulatory laws like permanent residency that favour foreign investment opportunities have opened up Dubai’s real estate market with a bang! The value of real estate transactions in Dubai rose 33 percent to AED 34 billion ($9.26 billion) in the first five months of 2019 according to statistics from the Dubai Land Department. This includes AED 17 billion in commercial properties, land purchasing transactions of AED 14 billion and AED 3 billion for villas. Full article here.
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