Dubai, UAE–Dubai recorded real estate deals worth AED2.3 billion ($518 million) on Monday, according to Dubai Land Department figures.
The deals included 457 sales transactions worth AED2.02 billion, in addition to 79 mortgage deals of AED202.61 million, and 11 gift deals amounting to AED85.32 million.
The sales included 407 villas and apartments worth AED902.97 million, and 50 land plots worth AED1.11 billion. The mortgages included 62 villas and apartments worth AED166.03 million and 17 land plots valued at AED36.58 million.
For the week ending Dec. 30, 2022, a total of 2,790 real estate transactions worth US$2.6 billion (AED9.6 billion) were registered in the emirate.
The DLD report showed that 179 plots were sold for US$378 million (AED 1.39 billion), while 2,071 apartments and villas were purchased for $1.5 billion (AED 5.64 billion).
The top three transactions were land in Marsa Dubai sold for $62 million (AED 229.71 million), followed by land sold for $47 million (AED 175 million) in Jebel Ali Industrial Area 1, and a land sold for $25.8 million (AED 95 million) in Palm Jumeirah.