The Department of Land and Real Estate in Dubai has announced the registration of lease contracts totaling 70 billion dirhams in Dubai over the past 9 months.
This reflects a steady interest in the real estate market in Dubai and confirms its attractiveness for investors and residents. Over the past months, there has been an increase in demand for the lease of various types of real estate in the emirate.
Particularly highlighted is the increased demand for residential real estate from both local residents and foreign investors. The popularity of luxury apartments and villas continues to remain high, making Dubai one of the most attractive places for real estate leasing in the region.
Abdulrahman Muhaithli, the director of the leasing registration department, noted: "The results of the registration of lease contracts for the past months testify to the stability of the real estate market in Dubai and its ability to attract investments in this sector."
