Dubai’s real estate market is experiencing highs in transactions and rents, according to a new report.
There were 30,903 residential real estate transactions from January through May in the United Arab Emirates’ largest city. This was the highest figure since 2009 over the same period. In May alone, there were 5,542 residential real estate transactions, an increase of 33% on the year, the American commercial real estate investment company CBRE said in a report yesterday.
