Major Dubai Real Estate Deal Exceeds Billions
.
1 Minutes Read
Knight Frank, a global real estate consultancy, facilitated one of Dubai's largest land deals, valued at over Dh3 billion including transfer fees. This record-breaking sale highlights the resurgence of Dubai's property market and strong investor confidence in the emirate's long-term growth. The deal, brokered by Knight Frank's capital markets team, involved a prime plot near Emaar Creek Harbour.
The transaction is the largest land sale ever handled by a broker in Dubai. It also ranks as the third-largest overall in the city's direct real estate transaction history.
Knight Frank views this deal as a significant milestone, demonstrating the enduring global appeal of Dubai's property sector. It also reflects the trust investors have in the city's strategic vision and infrastructure-driven development.
Recommended News
2 years agoDevelopers to dedicate percentage of projects to Emirati brokers
Dubai Land Department ties up with nine leading developers to increase Emiratis’ participation in th
2 years agoEstate agents see transformation in Dubai property market
New homeowners are looking for longer-term stability as they lay down more permanent roots in the ci
2 years agoPersistent Demand for Real Estate in Dubai
Realiste's AI analysis also identifies ... within Dubai, including Business Bay Second and Palm Jume
2 years agoPrice Surge Prompts Dubai Property Sellers
Abou Jaoude said by analysing data ... in Dubai signifies robust demand, limited inventory, and a co