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Dubai records $450 million in real estate transactions: DLD

The total realty transactions of Monday was recorded to over AED1.8 billion ($49m). (WAM)
  • The sales included 447 villas and apartments worth AED910.14 million ($247.84m), and 49 land plots worth AED756.08 million ($205.87m).
  • The mortgages included 88 villas and apartments worth AED145.7 million ($39.68m) and 19 land plots valued at AED23.35 million ($6.36m).

Dubai, UAE – Dubai’s real estate market recorded real estate deals worth AED1.8 billion on Monday, Dubai Land Department said.

The deals include 496 sales transactions worth AED1.67 billion ($450m) on Monday, in addition to 107 mortgage deals totaling AED169.05 million ($46m), and 13 gift deals amounting to AED32.08 million ($8.7m).

The sales included 447 villas and apartments worth AED910.14 million ($247.84m), and 49 land plots worth AED756.08 million ($205.87m).

The mortgages included 88 villas and apartments worth AED145.7 million ($39.68m) and 19 land plots valued at AED23.35 million ($6.36m).