Dubai records resounding AED1.7 bn worth of realty transactions on Tuesday

Dubai records resounding AED1.7 bn worth of realty transactions Tuesday

On Tuesday, Dubai’s real estate market recorded a thumping AED1.7 billion in transactions, including 267 sales valued at AED730.08 million.

Data from the emirate’s Land Department (DLD) shows AED218.32 million in land sales and AED511.76 million in apartment and villa deals.

In addition, mortgage deals totaled AED963.58 million and 23 gift deals totaled AED41.95 million.

In Dubai Marina, 33 apartment and villa sales worth 83 million AED were conducted, followed by Business Bay and then Al Barsha.

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