Dubai realty records over AED1.7bn transactions on Wednesday

Dubai real estate market recorded 537 sales transactions worth AED1.44 billion, in addition to 79 mortgage deals of AED193.57 million, and 30 gift deals amounting to AED104.38 million on Wednesday, data released by Dubai's Land Department (DLD) showed.

The sales included 431 villas and apartments worth AED824.67 million, and 106 land plots worth AED616.72 million. The mortgages included 65 villas and apartments worth AED104.22 million and 14 land plots valued at AED89.35 million, bringing the total realty transactions of today to over AED1.7 billion.

News Source: Emirates News Agency