UAE-based fäm Properties has announced that it has facilitated the sale of 40,000 sq ft of office space at Vision Tower in Business Bay for a record AED124 million ($33.8 million). It is the biggest commercial real estate deal of its kind recorded in Dubai.
Dubai homeowners are now holding their properties for as long as Londoners and New Yorkers, according to a new study of more than 1.1 million transactions spanning the last 16 years.
