Dubai’s real estate market today recorded the sale of a luxury apartment in the Business Bay area for AED 139 million.
Data from the Dubai Land Department showed that the sale deal was made within the “Dorchester Collection Dubai” project in Marasi Drive, owned by Omniyat Properties, while the apartment area is 16,564 square feet, equivalent to AED 8,376 per square foot. Real estate sales in Dubai since the beginning of trading on Tuesday amounted to about AED 2 billion, resulting from 753 deals.