GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate

 
  Share

Completion of 535 projects in Dubai has reinforced investor confidence in the real estate market

Dubai, UAE, 12 August 2017: Dubai Land Department (DLD) has announced that a total of 88 real estate projects have been launched from the beginning of 2016 until H1 2017. DLD has also confirmed that 68 real estate projects were registered during H1 2017, representing a value of AED 21 billion.

His Excellency Sultan Butti bin Mejren, Director General of DLD, commented: “Dubai is currently witnessing increasing interest from international investors, which has reinforced confidence in our real estate sector and its future prospects.”
Against a backdrop of growing demand in the real estate market, the first half of this year saw the launch of 68 new projects that meet the aspirations of investors from across the world.

Bin Mejren added that 713 developers are registered in DLD's database, alongside a total of 483 projects.

Emphasising the vitality of Dubai's real estate market, bin Mejren explained that since the establishment of the Real Estate Regulatory Agency (RERA) ten years ago, 535 projects of various sizes have been completed, supporting a variety of economic activities in Dubai. The first half of this year also witnessed the completion of 24 projects that had been initiated in previous years.

The figures reaffirm the momentum and sustainability of Dubai's real estate market, which is following an upward growth trajectory. Contributing local factors include the development of ambitious infrastructure projects, and the atmosphere of security and tranquility that continues to define Dubai and the wider United Arab Emirates.



Posted by : GoDubai Editorial Team
Viewed 7680 times
Posted on : Saturday, August 12, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Win prizes worth over AED 2million with Al-Futtaim's retail brands
Next Story : Oasis Mall Brings Solar System to Life with Kids' Planetarium
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Autumn-Winter17 PUMA x TRAPSTAR Collection
New Season Haircare Must-Have: Head & Shoulders Invigorating Apple Fresh Range
Meet and Greet with Jasmine Brett Stringer Held at SUC
Louis Moinet Salutes The Spirit Of Singapore With Exclusive Limited Edition Series
SOUQ.com to Launch Half a Million Deals for White Friday 2017
Swatch Celebrates the Holidays With ISIDOR the Snowman
Christmas gift guide by HP
Give the Gift of Beautiful Hair with SHOW Beauty
Celebrating regional artistry, creativity and talent through a passion for makeu...
Roja Parfums ELYSIUM - Now available at Paris Gallery in UAE
Abu Dhabi awarded ‘Best Stand Design' at World Travel Market London
What if You Could Finish an Entire Load of Laundry in a Single Wash Cycle?
FOREO: Futuristic Gifting Ideas
Home Centre Celebrates 46th UAE National Day with Exclusive Home Décor Collection
Emirates Group announces half-year performance for 2017-18
Sushmita Sen Re-launches the Danube Home Sharjah Showroom
Alessandro International mystifies with its launch event for its Winter Collection
PLAY FOR PEACE, Spread Good Vibes this Christmas
Chattels & More returns to Downtown Design showcasing limited edition pieces in ...
Tissot Chrono XL - It's time to think big!
Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Wa...
Celebrate the Special Men in Your Life with QNET
Infinix Launches Zero 5 in Dubai in Partnership with Souq.com
Dubai RAK Diabetes Center launches Dhs 1 Diabetes screening for residents
The Rado True Cyclo - Exclusive watch co-developed with French designer Philippe...
Dubai Health Authority ( DHA) and Dubai Police sign MoU to extend cooperation in...
Ulysse Nardin Marine Torpilleur Military - The Mark of A Captain
Stylish automatics from CITIZEN made for the special occasion
Malabar Gold & Diamonds launched its 195th store in Mandya, Karnataka, India
TKD Lingerie: New lingerie treats for the holidays
Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Ceremony
ALWAYS TOP OF THE CHARTS: THE ICONS
SIAL Middle East to Host 22,000 Food Industry Experts
Santa Claus is coming to town on a festive Graham Chronofighter Vintage Nose Art Ltd
Fatima Bint Abdul Malik Primary School Crowned Champion of “Lughati Cup 2017”
Huawei Launches VR OpenLab Industry Cooperation Plan to Promote Construction of ...
Ourshopee Launches Online Shopping Website in Qatar
Dubai Sports Council Championship for Football Academies set for a “bigger and b...
Middle East Food Forum (MEFF) to host its 2nd edition co-located with SIAL Middl...
India's largest education technology provider BYJU'S unveils a whole new persona...
EFS Facilities Services Wins Integrated Facilities Management Contract With King...
Wataniya Airways to add 25 A320neo Family aircraft
Dubai Festival City Reveals Highlights of the Dubai Fitness Challenge Closing Ce...
LG Unveils Expanded Medical Imaging Product Lineup at Medica 2017
Chattels & More returns to Downtown Design showcasing limited edition pieces whi...
du organized Waste Management Forum in Support of the UAE's Green Economy Vision
Region's first of its kind initiative to launch in November
Dubai Customs' Smart Refund initiative to the finals of “Smart Government” program
Etisalat UAE conducts first VoLTE call over Cat-M1 IoT network in the region
H.H. Sheikh Hamdan bin Zayed Al Nahyan Tours the Barakah Nuclear Energy Plant