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Dubai mortgage purchases up after COVID-19 lockdown

Posted on October 16, 2020

• As per Colliers 91% of new real estate purchases are made by first-time buyers • Dubai’s tenants are taking advantage of low interest rates and competitive prices. • During the third quarter of the year, close to 9,000 property transactions worth 18.4 billion UAE dirhams ($5.01 billion) were recorded in Dubai