Dubai Land Department reveals figures for emirate’s 6,200 brokers so far this year
Yousef Al Hashmi
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The total value of brokerage commissions made in Dubai’s real estate market this year stood at over $353m until the end of September for the 6,200[…]
Archive for October, 2017
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These represent what they generated for the first nine months from Dh65.62b in sales Dubai Real estate brokers in Dubai netted a combined Dh1.3 billion in the first nine months as commissions up to September. There are currently 6,200 brokers registered with the Land Department. Those from property sales totalled Dh595 million and from plots[…]
Real estate brokers in Dubai made commissions of more than AED1.3 billion ($350 million) during the first nine months of 2017, it was revealed on Monday. Dubai Land Department (DLD) announced the level of commissions between January and the end of September, adding that a total of 6,200 brokers are currently active in Dubai’s real[…]
The Dubai off-plan property market is booming. Although developers claim they have adjusted their build portfolios to meet affordability issues of low to mid-income end-users, it has been observed that investors are, in fact, lapping up a majority of these newly launched off-plan properties. Investors who do not qualify for home loans are being encouraged[…]
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