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Dubai records realty transactions worth $463m on Thursday

The Dubai real-estate market recorded total realty transactions worth over AED1.7 billion ($463 million) on Thursday. (WAM)
  • The transactions included 331 sales worth AED1.24 billion ($337.64 million), the DLD data showed
  • They are also said to have included 77 mortgage deals worth AED390.84 million ($106.42 million)

The Dubai real-estate market recorded total realty transactions worth over AED1.7 billion ($463 million) on Thursday, April 14, according to data from the Dubai Land Department (DLD).

The transactions included 331 sales worth AED1.24 billion ($337.64 million), the DLD data showed.

They are also said to have included 77 mortgage deals worth AED390.84 million ($106.42 million).

This was apparently in addition to 24 gift transactions amounting to AED79.48 million ($21.64 million).

The sales included 250 villas and apartments worth AED574.87 million ($156.53 million), according to the data.

Besides, a total of 81 plots of land worth AED662.51 million ($180.4 million) were also sold.

Meanwhile, the mortgages included 58 villas and apartments worth AED106.91 million ($29.11 million) and 19 plots of land valued at AED283.92 million ($77.31 million), according to the data.