Dubai real estate records over AED1.2 bn transactions on Tuesday

Dubai real estate market recorded 385 sales transactions worth AED936.65 million, in addition to 98 mortgage deals of AED186.25 million, and 41 gift deals amounting to AED131.82 million on Tuesday, data released by the Dubai's Land Department (DLD) showed.

The sales included 358 villas and apartments worth AED691.86 million, and 27 land plots worth AED244.79 million, while mortgages included 88 villas and apartments worth AED145.06 million and 10 land plots valued at AED41.19 million, bringing the total realty transactions of today to over AED1.2 billion.

News Source: Emirates News Agency