Dubai real estate market records AED1.8 billion transactions on Wednesday

Wednesday’s property deals included 461 sales transactions worth AED1.43 billion, 89 mortgage deals of AED350.12 million and 15 gift deals amounting to AED55.11 million

Dubai real estate market recorded AED1.8 billion worth of transactions on Wednesday, January 11, reflecting the upbeat market conditions in the emirate.

Wednesday’s property deals included 461 sales transactions worth AED1.43 billion, 89 mortgage deals of AED350.12 million and 15 gift deals amounting to AED55.11 million, data by Dubai’s Land Department (DLD) showed.

The sales included 424 villas and apartments worth AED1.14 billion and 37 land plots worth AED292.67 million.

 

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