Dubai records over AED1.8 billion in real estate transactions on Wednesday

Dubai records over AED1.8 billion in real estate transactions on Wednesday

According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai saw 507 sales transactions worth AED1.46 billion on Wednesday, along with 149 mortgage deals totaling AED250.81 million and 20 gift deals totaling AED115.72 million.

The sales included 37 land plots at AED92.11 million and 470 homes and apartments totaling AED1.36 billion.

The mortgages covered 22 land plots for AED72.39 million and 127 villas and flats worth AED178.41 million, raising the total value of today’s real estate transactions to nearly AED1.8 billion.

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