Dubai records over US$653m in realty transactions on Monday

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The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion. (WAM)
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September 5, 2022 9:15 pm
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  • Dubai real estate market recorded 568 sales transactions worth US$373 million on Monday.
  • The sales included 503 villas and apartments worth US$283 million and 65 land plots worth US$88 million.

DUBAI, UAE – Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released by Dubai’s Land Department (DLD) showed.

Additionally 93 mortgage deals of $53 million ( AED197.58 million) and 23 gift deals amounting to $233 million (AED858.27 million), the DLD revealed.

The sales included 503 villas and apartments worth $283 million (AED1.04 billion) and 65 land plots worth $88 million (AED323.78 million).

Mortgages included 71 villas and apartments worth $44 million (AED164.78 million) and 22 land plots valued at $8.9 million (AED32.8 million), bringing the total realty transactions to over $653 million (AED2.4 billion).

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