The Dubai real estate market recorded 246 sales transactions worth AED610.89 million and mortgages worth AED151.82 million, along with 10 gift transactions worth AED17.58 million by 20 December, according to data released by the emirate’s Land Department (DLD).
The sales included 223 villas and apartments valued at AED 503,64 million, and 23 land plots valued at AED 107.25 million. The mortgages included 38 villas and apartments valued at AED 110,84 million, and 18 land plots valued at AED 40.99 million, bringing the total real estate transactions to AED 780 million.