Record for the volume of transactions and the opening of Infinity Bridge

Record for the volume of transactions and the opening of Infinity Bridge

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  • Opening of the Infinity Bridge, a record for the sale of residential real estate and the launch of a nanosatellite

Dubai residential real estate market hit record sales transactions in Q4 2021:

17,942 transactions worth $12.7 billion. This is the highest quarterly volume and value since 2014. According to digital platform, Property Finder. Compared to Q3 2021, the number of real estate transactions: Secondary and ready increased by 11.2% Off-plan increased by 14.5% The value of sales transactions for off-plan property increased by 25.4% compared to Q3 2021.

Today, January 13, the Infinity Bridge was launched in Dubai.

Deira Length – 300 meters Capacity – 24,000 vehicles

The nanosatellite, DEWA-SAT 1, will be launched under the direction of the Dubai Electricity and Water Authority.

Today, January 13, at 7:25pm UAE time, the nanosatellite, DEWA-SAT 1, will be launched under the direction of the Dubai Electricity and Water Authority. The goal is to improve the operation and maintenance of DEWA's networks. The nanosatellite will be launched by SpaceX Falcon 9 rocket from Cape Canaveral Space Launch Complex (Florida, US). Watch live coverage – on YouTube Sources: Gulf News, Khaleej Times

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