Dubai real estate has enhanced its attractiveness to the world’s wealthy as they rush to snap up luxury properties there, as the real estate market today witnessed the sale of two apartments worth 270 million dirhams.
According to data from the Land Department, the market witnessed the sale of an off-plan residential apartment on Jumeirah Bay Island within the “Bulgari Light House” project at a price of 148 million dirhams, with an area of 11.6 thousand square feet, equivalent to 12,712 dirhams per square foot.
A second residential apartment was sold off-plan in the Palm Jumeirah area for a price of 122 million dirhams within the “Six Senses Residences” project, with an area of 26.5 thousand square feet, equivalent to 4,601 dirhams per square foot.
Today, Monday, until one o’clock in the afternoon, the market witnessed about 1,000 sales transactions worth 2.1 billion dirhams.