Property Finder report: ‘August 2021 registers second highest number of Dubai sales since December 2013’ ...United Arab Emirates

According to a Property Finder report, the Dubai real estate market bounced back in August 2021, following a relatively quiet July due to the Eid Al Adha holidays, with figures showing it to be the second highest month since December 2013 for the highest number of sales transactions in a single calendar month. The report said that August had 5,780 transactions worth a total of $4.07 billion, making it the best August on record in the past 12 years. The figures also bring the year-to-date total to 37,537 transactions worth a total of $23.99 billion, it added. Property Finder pointed out that in just 8 months, the value of real estate sales transactions is 22.61% more than 2020 as a whole. The

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