Real estate transactions recorded in the emirate of Dubai last year crossed Dh218 billion in value

Dubai 14 January 2015 (WAM) - Total amount of real estate transactions recorded in the emirate of Dubai last year exceeded Dh 218 billion, through 53871 transaction, according to the Dubai Land Department 's (DLD) annual report issued by Real Estate Research and Studies Department. The same report showed that last year's transactions were diversified and were all over Dubai. Commenting on the results, Sultan Butti bin Merjen, Director General of DLD, said: "The real estate market has shown a clear ability to gain momentum from year to year, in addition to maintaining sustainable growth, as well as the trend towards maturity. This would help DLD in achieving Dubai's mission to b