Dubai prime residential market witness a boost in sales


(MENAFN) Luxhabitat's recent data found the prime real estate market in Dubai to have seen a boost in sales as a result of the off-plan properties which gained support.

Prime residences' cost per square foot for prime residences reached $403 per square foot last year, compared to 2015 fourth quarter.

Within the secondary prime residential market, 2017 transactions amounted for $3.57 billion, a rise of 10% compared to 2016.

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