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Dubai records over $381 million in real estate transactions

The Instant Sale Feature applies to sales operations for real estate units, including apartments and villas, (WAM)
By TRENDS Desk AFP
February 6, 2023 8:58 pm
  • The deals included 490 sales transactions worth AED1.17 billion, in addition to 86 mortgage deals of AED177.94 million.
  • The sales included 441 villas and apartments worth AED898.41 million, and 49 land plots worth AED269.56 million.

Dubai, UAE– Dubai real estate market recorded transactions worth AED1.4 billion ($381 million) on Monday, data released by Dubai’s Land Department (DLD) showed.

The deals included 490 sales transactions worth AED1.17 billion, in addition to 86 mortgage deals of AED177.94 million, and 15 gift deals amounting to AED55.81 million.

The sales included 441 villas and apartments worth AED898.41 million, and 49 land plots worth AED269.56 million. The mortgages included 68 villas and apartments worth AED142.92 million and 18 land plots valued at AED35.02 million.

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