According to the Dubai Land Department, in the first half of 2014 the volume of real estate transactions amounted to 113 billion dirhams (22.8 billion euros), the website of Gulf busyness . At the same time the value of transactions decreased by 14.7% in the second quarter of 2014. Transactions on sale of real estate amounted to 54% of total transactions. In the first half it produced 22,096 transactions on purchase and sale of properties with a total value of 12, 4 billion euros. A significant proportion of investments in real estate in Dubai in the first half of 2014 accounted for transactions of purchase and sale of land. There were 5516 recorded transactions worth about 7 billion euros. 42% of transactions were carried out with the use of mortgages. In total there were issued 6922 loans totaling EUR 9.5 billion. As the general director of the Land Department, Sultan Butti Bin Merjen, the attention of investors from around the world are now focused on the property market in Dubai. At the same time, reducing the volume of transactions in the second quarter of this year due to government policies to regulate the market, said Merjen. HomesOverseas.ru
In the first half of 2014 in the Dubai real estate invested ˆ 22.8 billion
28.07.2014
Homesoverseas.ru editorial office
28
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