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The total value of Dubai’s real estate transactions for 2008 will touch Dh700 billion, revealed a report released by Jones Lang LaSalle (JLL) MENA this week. The thriving Dubai property market witnessed the largest improvement on a global scale between 2006 and the current year, and has become the most transparent one in the MENA region, resulting in a five-fold increase in sales activity and volume since 2002, it added.