Dubai surprise: 14,000 homes delivered in 2016

Dubai: An estimated 14,600 homes were handed over in Dubai all through last year, a tally much higher than the sub-10,000 units delivered in 2014 and 2015.

The 2016 tally is thus the second-highest after 2012’s 16,000 handovers, according to the latest UAE real estate update issued by the global consultancy JLL.

The eventual total was boosted by a lot of activity during the final few weeks of the year — these included the 1,500 villas for Emirates airline staff at the Meydan cluster and the 690 units in Wasl Oasis II in Muhaisnah, the JLL report notes.