The recovery is led by Business Bay in Dubai, where average office rents have climbed from Dhs76 per sq ft in Q1 2020 to Dhs101 per sq ft at present
The Dubai Marina area saw the highest number of transactions
As much as 45 per cent of all transactions were off-plan
General trade topped the list of licenced activities operating in the area
The contract worth Dhs181m was awarded to Trans Emirates Contracting to begin main work on Zada
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