Dubai records over AED1.5bn in realty transactions Monday

DUBAI, 9th March, 2023 (WAM) — Dubai real estate market recorded 502 sales transactions worth AED1.2 billion, in addition to 98 mortgage deals of AED388.51 million, and 66 gift deals amounting to AED212.62 million on Thursday, data released by Dubai’s Land Department (DLD) showed.

The sales included 461 villas and apartments worth AED881.84 million, and 41 land plots worth AED318.68 million. Meanwhile, the mortgages included 76 villas and apartments worth AED182.63 million and 22 land plots valued at AED205.88 million, bringing the total realty transactions of today to over AED1.8 billion.