fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Real Estate

Dubai Housing Market Sees a V-Shaped Recovery

The Global Economics by The Global Economics
July 1, 2020
in Real Estate, Trending
Reading Time: 1 min read
0
Summer car trip and young family on vacation

Summer car trip and young family on vacation

43
SHARES
241
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

Dubai’s residential property market is going through a V-shaped recovery as per various analyzing indices for May 2020.

According to Latifa Ibrahim Ahmed, director of Real Estate Studies & Research Development at the Dubai Land Department (DLD), there is a V-shaped pattern in the recovery. The index was launched by DLD along with Property Finder which saw a 1.54% rise in the past 2 months.

With a month-on-month growth of 0.5%, the total value of sales transaction in Dubai’s residential sector reached Dh27.8 billion in the first five months of 2020. Despite the threats posed by the novel coronavirus pandemic, he said the index reflects the booming Dubai real estate market.

With the ease of National Sterilization Program during the lockdown, there was an improvement in the real estate market of Dubai with the trend likely to rise. The reason for the rise is said to be people looking out for outside personal spaces to the prospects of villas and townhouses. With a growth of 0.5% in the overall residential sales price index in May, there is an air of more positive growth in the coming months.  

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

First Republic Shares Plummet Amid Liquidity Fears
Banking

First Republic Shares Plummet Amid Liquidity Fears

by Anuj Singh
March 21, 2023
Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated
Technology

Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

by Rahil Adnan
March 21, 2023
Saudi Real Estate Refinance Company (SRC) mulls its largest refining deal worth $1.3bn with Alrajhi
Islamic

Saudi Real Estate Refinance Company (SRC) mulls its largest refining deal worth $1.3bn with Alrajhi

by Riya Thomas
March 20, 2023
Blackstone Inc curbs withdrawals at $69billion property fund REIT
Real Estate

Blackstone Inc curbs withdrawals at $69billion property fund REIT

by Riya Thomas
December 2, 2022
Dubai’s property market Witnesses an Uptick Post Covid-19
Real Estate

Dubai’s Property Market Witnesses an Uptick Post Covid-19

by The Global Economics
November 10, 2022
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn Soundcloud
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

First Republic Shares Plummet Amid Liquidity Fears

First Republic Shares Plummet Amid Liquidity Fears

March 21, 2023
Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy

Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy

March 21, 2023
Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

March 21, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version