NEWS

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This item is connected to a text field in your content collection. Double click what you want to edit and then select "Change Content" to add your own content to the collection. Want to view and manage all your collections? Click the Content Manager icon on the add panel to your left. In the Content Manager, you can update items, add new fields, create dynamic pages and more.

Your content collection is already set up with fields and content. Add your own by editing each field, or import CSV files to your content collection. You can create fields for rich content, images, videos and more.

This item is connected to a text field in your content collection. Double click what you want to edit and then select "Change Content" to add your own content to the collection. Want to view and manage all your collections? Click the Content Manager icon on the add panel to your left. In the Content Manager, you can update items, add new fields, create dynamic pages and more.

Your content collection is already set up with fields and content. Add your own by editing each field, or import CSV files to your content collection. You can create fields for rich content, images, videos and more.

This item is connected to a text field in your content collection. Double click what you want to edit and then select "Change Content" to add your own content to the collection. Want to view and manage all your collections? Click the Content Manager icon on the add panel to your left. In the Content Manager, you can update items, add new fields, create dynamic pages and more.

Your content collection is already set up with fields and content. Add your own by editing each field, or import CSV files to your content collection. You can create fields for rich content, images, videos and more.

The performance of the Dubai property market last year was described as exceptional by Crown Prince Sheikh Hamdan bin Mohammed, as the value of deals reached a new high of Dh528 billion ($143.7 billion).

The value of transactions was up 76.5 per cent annually, while the number of transactions, at 122,658, rose 44.7 per cent year on year, a Dubai Media Office statement said.

The sector's “exceptional performance” will help achieve Dubai's vision to be “one of the world’s top three cities”, said Sheikh Hamdan.

“The results also support the goal of the Dubai Economic Agenda D33  to double the size of Dubai's economy by 2033. The sector is a pillar of Dubai's strategy for sustainable development and a vital driver of its 2040 Urban Master Plan.”

Dubai remains one of the world's most attractive investment destinations because of its stable economy, strong financial fundamentals and ability to find opportunities for growth, Sheikh Hamdan said.

“Moreover, global investors, institutions and businesses continue to have high confidence in Dubai’s economy due to its growing profile as one of the best metropolises to live and work, its exceptional infrastructure and supportive regulations,” he said.