Insights into the Dubai Real Estate Market: 04/08/14

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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">A Dh15 million transaction in Vision Tower, Business Bay, has topped the list of the top 10 biggest office deals completed in the first quarter 2014 in Dubai.</span><br />
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">According to information provided by Reidin.com</span><span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">, Business Bay and Jumeirah Lakes Towers (JLT) each shared the honour of registering the four biggest transactions of the top 10 deals, with Tecom C registering two.</span><br />
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">A 10,195 square feet office in Vision Tower topped the list with a Dh15 million deal, followed by a 6,091 square feet unit in the same tower being sold for Dh8.67 million taking the second spot.</span><br />
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">The third place went to Almas Tower, JLT, which saw a 3,314 square feet unit selling for Dh7.17 million.</span><br />
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">iRise Tower in Tecom C saw the fourth and fifth largest transactions, with purchase price being Dh6.80 million and Dh6.35 million, respectively.</span><br />
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">A 5,778-square feet office unit in Swiss Tower, JLT, was ranked sixth on the list with the transaction value standing at Dh5.70 million. Plaza Boutique 04 in Business Bay came seventh with a sale value of Dh5.15 million.</span><br />
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">Executive Towers, Tower D, in Business Bay and Almas Tower in JLT took the final three slots with transactions valued at Dh5.07 million, Dh4.53 million and Dh4.49 million, respectively.</span><br />
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<span style="background-color: white; color: #222222; font-family: Arial, sans-serif; font-size: 14px; line-height: 18.889198303222656px;">Reidin.com is an exclusive and primary data source for real estate markets in the emerging countries.</span><br />
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<span style="font-size: xx-small;"><b>Article source: http://bit.ly/R25cUi</b></span></div>
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