AED2.4 billion worth of real estate transactions were recorded in Dubai on Tuesday

AED2.4 billion worth of real estate transactions were recorded in Dubai on Tuesday

According to data supplied by Dubai’s Land Department (DLD), the real estate market in Dubai had 436 sales transactions worth AED 971.4 million on Tuesday, along with 101 mortgage transactions for AED 1.38 billion and 17 gift transactions totaling AED 55.13 million.

More than AED 2.4 billion has been spent on real estate as a result of sales of 360 villas and apartments for AED 738.88 million, mortgages of 88 villas and flats worth AED 1.24 million, and purchases of 13 land parcels worth AED 147.64 million.

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