The total value of monthly land sales in Dubai reached AED 5,296,638,474 (USD 1,442,046,957). Over 326 land deals were concluded in the emirate last month. The maximum number of land transactions were in the Al Ruwayyah area (61), followed by Arabian Ranches (54) and Emirates Hills Third (36). The total value of sales was highest at Sheikh Zayed Road (AED 1.097 bn). Nad Al Sheba recorded the second highest sales by value (AED 1.068).

Foreign Direct Investment (FDI) into the GCC rose 19.6 % to US$43 billion in 2007, and investment into the wider region is expected to keep rising in 2008 despite a slumping global economy, according to a study by a United Nations agency. In the West Asian region, Saudi Arabia, the UAE and Turkey last year attracted more than 4-5ths of total FDI that grew by 12 % to US$71 billion. Meanwhile, the Transparency International (TI) has ranked the UAE, 35th in Corruption Perceptions Index with an improved score of 5.9 %. Corruption has fallen across the Gulf as governments tighten regulations and accountability levels.