Dubai realty records over AED1.9bn transactions on Thursday

Dubai real estate market recorded 432 sales transactions worth AED1.45 billion, in addition to 73 mortgage deals of AED464.03 million, and 20 gift deals amounting to AED18.34 million on Thursday, data released by Dubai's Land Department (DLD) showed.

The sales included 342 villas and apartments worth AED1.06 billion, and 90 land plots worth AED384.09 million. The mortgages included 59 villas and apartments worth AED210.76 million and 14 land plots valued at AED253.27 million, bringing the total realty transactions of today to over AED1.9 billion.

News Source: Emirates News Agency