Real estate transactions in Dubai cross Dh100 billion

Dubai real estate market, which attracted a total of 16,743 investors in the first five months of the year, would continue the buoyant trend.

?The strong performance in the real estate sector indicates a trend that we expect to be sustained over the next year and beyond. The number and value of real estate transactions since the beginning of the year to date indicate both that investors have become more aware and that the market has become rich with investment options.

The real estate market in Dubai is showing a high degree of flexibility in dealing with the requirements of investors, especially new stakeholders entering the market for the first time to seize opportunities that have emerged in the wake of the price correction witnessed in the market over the past two years.

Since Dubai ? home to one of the strongest real estate markets internationally ? has become a global player, fees for providing services have to be on a par with the city?s growth and development.