Dubai has set a new record for the volume of real estate transactions over a 12-month period.
According to data from Property Finder, a total of 44,590 transactions were recorded in the emirate between November 2018 and November 2019.
It's the highest ever since sales transaction data was made publicly available.
The report also indicates that overall volumes in 2019 could reach a 10-year high once the figures for December are out.
As many as 36,799 residential units have been sold in Dubai from January until November 30 this year.
The positive trend is further evidence of improving momentum in the emirate's real estate market ahead of Expo 2020.
Warsh wins confirmation as Fed chair, with inflation on the march
Dubai Taxi Company to acquire National Taxi
Dubai Holding becomes largest shareholder of Emaar Properties
Abu Dhabi gets AED55 billion boost for 24 infrastructure projects
Abu Dhabi aims for 80% local materials in housing projects
