Towers in Dubai. July brought Dubai's second-best monthly sales performance on record in terms of value and volume.. Photo: Supplied photo
The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume.A market update issued by fäm Properties reveals that last month brought a total of 20,304 property sales - a 24.9 per cent year-on-year increase – worth a total of Dh65 billion, a 29.5 per cent leap in value on the same month last year.