Dubai records over AED2.2 bn in realty transactions Monday


Dubai real estate market recorded 425 sales transactions worth AED1.23 billion, in addition to 114 mortgage deals of AED965.96 million, and 17 gift deals amounting to AED72.5 million on Monday, data released by Dubai’s Land Department (DLD) showed.

The sales included 398 villas and apartments worth AED1.04 billion, and 27 land plots worth AED187.77 million. The mortgages included 84 villas and apartments worth AED248 million and 30 land plots valued at AED717.96 million, bringing the total realty transactions of today to over AED2.2 billion.