AED1.6 billion worth of property transactions were recorded in Dubai on Wednesday

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AED1.6 billion worth of property transactions were recorded in Dubai on Wednesday


On Wednesday, the Dubai real estate market recorded 401 sales transactions worth AED 1.4 billion, as well as 91 mortgage deals worth AED 156.13 million and 19 gift deals worth AED49.85 million, according to data released by Dubai’s Land Department (DLD).

The sales included 377 villas and apartments valued at AED1.14 billion, as well as 24 land plots valued at AED252.94 million, while mortgages included 75 villas and apartments valued at AED125.68 million and 16 land plots valued at AED30.45 million, bringing the total real estate transactions today to more than AED1.6 billion.

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Source: Propertynews.ae