Dubai recorded real estate transactions worth AED849.88 million

Dubai’s real estate market recorded 266 sales transactions worth AED849.88 million and mortgage deals of AED335.02 million in addition to 21 gift transactions amounting to AED26.73 million on Wednesday.

The sales covered 227 villas and apartments, and 39 land plots, while the mortgages included 51 villas & apartments and 17 land plots, bringing the total realty transactions of Wednesday to AED.1.2 bn.

UAE Q2 2021 Market Report, showed that total residential transaction value in Dubai increased by almost 50% Quarter-on-Quarter to AED31.02 billion, up from AED20.77 billion the previous quarter.

News Source: Emirates News Agency