Dubai’s RE Sees Substantial Transactions

The Dubai real estate market recorded a total of 1,824 sales transactions in April 2020 despite the city reeling from Covid-19-triggered lockdowns, restricting freedom of movement. The transactions, valued in at Dhs3.62bn, included 1,316 off-plan and 508 secondary sales transactions. Innovative tools like Live Viewings and Virtual Tours aided in the transactions, according to Data Finder, part of UAE-based Property Finder. This brings the year-to-date total to 12,254 sales transactions worth Dhs24.15bn.