Dubai property sales transactions hit 4-year high of Dh10.97bn in April

Dubai property sales transactions hit 4-year high of Dh10.97bn in April

The value of Dubai’s property sales transactions in April hit a four-year high of Dh10.97 billion, according to listings portal Property Finder. This is the highest value of monthly property transactions since March 2017.

Seventy per cent of transactions in April were valued up to Dh2 million, while 23 per cent were between Dh2m to Dh5m, 4 per cent were between Dh5m to Dh10m and 3 per cent more than Dh10m, Property Finder said on Thursday. Dubai has registered a total of 16,577 property transactions worth Dh36.12bn since the start of 2021, it added.