DLD launches second edition of price index for properties

Monday, 8 June 2020 16:23

More than 1,800 property transactions took place in April despite restrictions on movements due to the COVID-19 outbreak.

According to the Dubai Land Department (DLD), they were able to complete residents' requests digitally.

The DLD, in partnership with Property Finder, have launched the second edition of Mo'asher, which is Dubai's official sales price index.

They're also looking at ways to improve and expand the index in order to make it an annual, quarterly and monthly guide.

This will help provide customers with the latest price updates on a regular basis.

Dubai @Land_Department, in partnership with Property Finder, launches the second edition of Mo’asher, #Dubai’s official sales price indexhttps://t.co/gAuGw90oHB pic.twitter.com/mR7CfJU1WI
— Dubai Media Office (@DXBMediaOffice) June 8, 2020

More from Business News

DMCC records 7% growth in Indian companies

The Dubai Multi Commodities Centre (DMCC) announced Indian companies now account for 16 per cent of the international business district’s total member base, a 7 per cent year-on-year increase.
Dubai becomes autism-certified destination

Dubai has officially gained the recognition as an autism-certified destination, underscoring citywide efforts to make tourism more accessible and inclusive for all.
Dubai World Trade Centre generated AED 22.35 billion in 2024

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has announced that the Dubai World Trade Centre (DWTC) generated an economic output exceeding AED 22.35 billion in 2024.
OpenAI unveils slimmed-down ChatGPT deep research tool

OpenAI has announced the launch of a new version of its advanced tool 'Deep Research' integrated into ChatGPT, maintaining a high level of quality while introducing enhanced accessibility across user tiers.