DLD launches second edition of price index for properties

istock/metamorworks

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. 


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