As for sales, 352 of them included apartments and villas with a total cost of AED 978M (USD 266.3M) and 39 plots of land worth AED 291.6M (USD 79.4M). Mortgage deals comprised 12 land plots with a value of AED 44.8M (USD 12.2M), as well as 47 villas and apartments costing a total of AED 905.6M (USD 246.6M). Moreover, a plot of land with an area of 24,500 sq. ft. was sold on April 24th for an exceptional sum of AED 125M (USD 34M). It’s located on Jumeirah Bay Island, a desirable destination, located 500 metres off the coast of the popular area of Jumeirah, which is connected to the mainland by a bridge.
In recent months, the Dubai real estate market has seen a steady inquiry of properties with continuously record-breaking numbers. Among the recently launched projects, which has already attracted the attention of local and foreign investors, as well as those wishing to experience luxury living in Dubai, are Seapoint by Emaar Properties in Emaar Beachfront, Fashionz by Danube in Jumeirah Village Triangle and Mykonos by DAMAC Properties at DAMAC Lagoons.
