Dubai’s real-estate market on Monday, February 28, recorded a total of 301 transactions of varied types with a total value of AED1.59 billion ($433.22 million), according to data released by the emirate’s Land Department (DLD).
In all, there were 294 sales transactions worth AED666.33 million ($181.44 million) throughout the day, the local data showed.
The day also saw mortgage deals that amounted to AED915.77 million ($249.36 million).
This was in addition to seven gift transactions that were worth AED9.84 million ($2.68 million).
The sales included 265 villas and apartments worth AED556.45 million ($151.52 million).
Besides, 29 land plots worth AED109.88 million ($29.92 million) were also sold.
The mortgages included 74 villas and apartments worth AED153.56 million ($41.81 million).
They also applied to 14 land plots valued at AED762.21 million ($207.55 million).
