Dubai records over AED1.8 bn in realty transactions Tuesday

Dubai real estate market recorded 495 sales transactions worth AED1.32 billion, in addition to 81 mortgage deals of AED454.83 million, and 24 gift deals amounting to AED34.33 million on Tuesday, data released by the Dubai’s Land Department (DLD) showed.

The sales included 479 villas and apartments worth AED1.28 billion, and 16 land plots worth AED45.98 million, while mortgages included 49 villas and apartments worth AED307.81 million and 32 land plots valued at AED147.02 million, bringing the total realty transactions of today to over AED1.8 billion.