Dubai, UAE — Dubai real estate market recorded real estate deals worth AED1.8 billion ($490 million) on Wednesday, Dubai Land Department said.
The deals included 526 sales transactions worth AED1.16 billion, in addition to 89 mortgage deals of AED628.25 million, and 19 gift deals amounting to AED96.75 million.
The sales included 493 villas and apartments worth AED979.03 million, and 33 land plots worth AED179.51 million.
The mortgages included 70 villas and apartments worth AED416.91 million and 19 land plots valued at AED211.34 million.
On Tuesday, the emirate recorded real estate deals worth AED2.8 billion ($762 million), which included 504 sales transactions worth AED1.34 billion, in addition to 98 mortgage deals of AED1.26 billion, and 23 gift deals amounting to AED269.13 million.
The sales included 471 villas and apartments worth AED954.05 million, and 33 land plots worth AED382.44 million.
The mortgages included 84 villas and apartments worth AED1.15 billion and 14 land plots valued at AED112.62 million, bringing the total realty transactions of today to over AED2.8 billion.
