Real estate contribution to Dubai’s GDP reaches 7.2% in 2019: DLD

SourceEmirates Business
SectorReal Estate

DUBAI / WAMDubai’s real estate sector represents one of the main economic sectors in economic growth, and it actively contributes to the growth of its economy. Over the past years, the emirate has achieved record rates of economic growth driven by the economic initiatives and packages that the Dubai Government is undertaking to raise economic growth and stimulate various economic sectors, according to the annual “Real Estate Sector Performance 2020” report issued by the Dubai Land Department (DLD) on Saturday. Relaesed on the side-lines of the International Property Show and Invest in Dubai Real Estate, the report provides a comprehensive tool for customers in the sector, allowing them to familiarise themselves with the most important results achieved, affirming DLD’s efforts to achieve its vision to position Dubai as the world’s more...