Land transactions in Dubai reached AED63bn in the first half of 2012, a 21 percent increase on the same period last year, a senior official said on Monday.
Sultan Butti bin Mejrin, director general of the Dubai Land Department, said the emirate witnessed a total of 18,953 transactions to the end of June at an average of 133 per day. The transactions include sales, mortgages, ijarah, mortgage portfolios, deferred sales and other transactions………………………………………..Full Article: Source