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The real estate market in Dubai has recorded growth in number of transactions, in comparison to the same period last year, the Dubai Land Department report said. The website Reidin.com said that there were 4,961 residential sales transactions in 2009. The Land Department figures also revealed that during the first five months of the year, 3750 mortgages were registered worth Dh.32bn. The Assistant Director-General of the department, Mohammad Sultan Thani said that although the value is lesser, there are several transactions on a daily basis, compared to last year. The sale of residential properties figured 3,169 from January ...
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