Dubai records over AED1.9 billion in realty transactions on Thursday

According to data provided by Dubai’s Land Department (DLD), the real estate market in Dubai had 517 sales transactions worth AED1.52 billion on Thursday, along with 111 mortgage agreements totaling AED345.38 million and 16 gift deals totaling AED37.42 million.

34 land plots valued at AED366.16 million and 483 homes and apartments for AED1.15 billion were sold.

The mortgages covered 12 land plots at AED146.32 million and 99 villas and apartments worth AED199.06 million, bringing the total value of today’s real estate transactions to nearly AED1.9 billion.

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