HomeReal EstateDubai real estate transactions cross AED 2.1 bn
By Economy Middle East
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October 14, 2022 7:06 pm

Dubai real estate transactions cross AED 2.1 bn

Sales included 373 villas and apartments
Dubai
Dubai

Dubai’s real estate market recorded realty transactions of over 2.1 billion dirhams, according to data released by Dubai’s Land Department (DLD) showed.

The market registered 401 sales transactions worth 1.69 billion dirhams ($572 million), in addition to 77 mortgage deals of 324.64 million dirhams, and 13 gift deals amounting to 132.47 million dirhams.

The sales included 373 villas and apartments worth 687.26 million dirhams, and 28 land plots worth 1 billion dirhams, while mortgages included 51 villas and apartments worth 81.37 million dirhams and 26 land plots valued at 243.28 million dirhams.