By Parag Deulgaonkar www.emirates247.com
Dubai’s office sector witnessed big-ticket deals in 2012 with a 542 square metre office in Al Sahaa tower in Downtown Dubai selling for Dh18.44 million, the biggest commercial deal registered last year.
According to information provided by Reidin.com to Emirates 24/7, four of the top 10 commercial transactions took place in the Business Bay district, three each were in Downtown Dubai and Jumeirah Lakes Towers (JLT), respectively.
A 722 square metre office in Bayswater Tower in Business Bay was sold for Dh15.39 million, while an 1,024 square metre office in Vision Tower, Business Bay, was purchased for Dh14.32 million.
The fourth largest transaction was in Gold Tower in JLT with a sale value of Dh9.86 million. Emaar Square 4 transaction followed with a sale value of Dh9.78 million.
Another office unit in Vision Tower, Business Bay, ranked sixth on the list with transaction valued at Dh9.45 million. Almas Tower in JLT was came seventh with a sale value of Dh9.37 million. More info