Dubai Land Department said on Saturday that the overall
amount of real-estate transactions in Dubai reached AED236 billion ($64.2
billion) in 2013, up from AED154 billion in the earlier year.
A report launched by their state property field growth
department recorded AED166 billion price of terrain mortgages and sales and
AED62 billion of property product mortgages and sales for the year, using the
total quantity of purchases moving 53 percent on 2012 going to 63,652.
"These may be related to the newest rules and
procedures given in the past year, which have contributed to the strengthening
of confidence and trust between the various types of investors.
