AED888 million worth of real estate transactions were recorded in Dubai on Wednesday

AED888 million worth of real estate transactions were recorded in Dubai on Wednesday

Data issued by Dubai’s Land Department (DLD) on Wednesday showed that the real estate market in Dubai had 310 sales transactions worth AED668.1 million on top of 86 mortgage deals for AED163.78 million and 18 gift deals totaling AED56.24 million.

250 villas and flats worth AED450.41 million and 60 land plots worth AED217.69 million were sold, and 72 villas and apartments worth AED116.92 million and 14 land plots worth AED46.85 million were financed, bringing the total value of today’s real estate transactions to over AED888 million.

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