Dubai logs over AED1.8 billion in realty transactions on Monday

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According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai saw 496 sales transactions worth AED1.67 billion on Monday in addition to 107 mortgage agreements totaling AED169.05 million and 13 gift deals totaling AED32.08 million.

The sales included 49 land plots at AED756.08 million and 447 houses and apartments worth AED910.14 million.

The entire value of the mortgages, which covered 88 houses and flats for AED145,7 million and 19 land plots worth AED23,35 million, was over AED1.8 billion.

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